It is a well known fact that once a coin is added to Binance the price sky rockets. However, the question that remains is, is this a long term or short term gain. The coin Red Pulse just got added to Binance less than a hour ago and check out the results below from coinmarketcap.
Yes, your are seeing correct, the coin is up over 80% in less than 5 minutes of the news being dropped.
But, hold your horses! Don't go throwing money at every coin that Binance adds hoping to double your portfolio. The Binance has proven great for SHORT TERM gains if you are ALREADY IN a coin. If you are not holding the coin it has just added you can get rek'd. This is nothing short of a pump and dump by the hype. The coin will go up for a little while every one chases the magic dragon. But once the people who has been hodling decide to sell the price will drop drastically. Check out the image below. This remains true for a majority of coins.
But who am I to give you trading advice. If you feel like you have THE QUICK FINGERS, go ahead a jump and but be cautious and always use SELL LIMITS. And as always happy trading.