Very often, the price of a token depends on the listing on a particular exchange. For example, Traceto token T2T is now trading only on GBX and this is not the best decision of the team, because the price has fallen very much.
Price of token fell not due to the fact that the token was listed on exchange, but due to the fact that now the whole market is falling.
In any case, token was waiting for the fall...even if this exchange was binance....