There will be a pump to at least 80% or more. After that, there will be a dump, but not all the way down. That is because investors now have access to the currency through Binance and Binance has a huge investor base. This will inevitably support Steemit user growth (which value is exponential with respect to number of active users). Over the long term, it will boost STEEM price and STEEM will move up in the coin ranking.