Yeah, you're right in this case. Also, there is a big Muslim community working on cryptocurrencies and I think, they will not invest in Verge and will move there already invested money in Verge. So this might lower the expected boost. (BTW, Verge is at the top of the list on Binance with Maximum Volume in last 24 Hours but it's price is continuously going down $0.11 to $0.07).
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@ehtesham123 I think you are absolutely right, after BTC got announced as halal lot of Muslim traders jumped in.