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You never really know what can be the impact since some people could be waiting for this currency to list on Binance before selling all their "shares".

So no, it might not be case and it is an assumption. Still, from what I could read from Monaco's teams, they are really focusing on Chinese partnerships and have contacted many Chinese investors. This is why I think listing on Binance could lead to a huge pump on this currency.

Thanks for the Info... Will keep a watch out