The cryptocurrency market is once again demonstrating its volatility: the TAC token, associated with the TON ecosystem, experienced a sharp decline, losing more than 90% of its value in less than 15 minutes. This incident occurred amid trading on the Binance Alpha and Binance Futures platforms, highlighting the risks associated with highly liquid assets on centralized exchanges.
The TAC project, which is developing the EVM-compatible TON Applications Chain network, was introduced in 2023 and was listed on Binance in July 2025. Its investors include well-known venture capital firms such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. Despite solid backing, the token faced extreme market dynamics.
This event raises questions about the stability of projects associated with the TON ecosystem and potential market manipulation. A sudden 90% drop in such a short period of time could indicate the liquidation of large positions or an intentional dump by large holders. For investors, this serves as a reminder of the need for thorough analysis of liquidity and risks, especially when dealing with recently listed tokens.
Expert commentary: Such crashes are not uncommon for young projects with high volatility. I recommend traders set stop-losses and avoid excessive capital concentration in such assets, especially until a stable price range is established.