Today, there was a sharp and dramatic drop in the price of the TAC token. In just 15 minutes, the asset lost more than 90% of its market value. This collapse was recorded on the Binance Alpha and Binance Futures trading platforms, which is particularly alarming for investors given the high status of these exchanges.
Recall that TAC is the native token of the TON Applications Chain network — an EVM-compatible solution created to scale the TON ecosystem. The project was announced back in 2023, and its listing on Binance took place in July 2025. Its investors include prominent names such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. Such backing usually inspires confidence, but today's event calls into question the fundamental stability of the asset.
Situation Analysis
Such a rapid 90% drop in 15 minutes is not just a correction but a classic example of a "pump-and-dump" or sudden liquidation of large positions. Given that the token is traded on Binance Futures, where leverage is available, a likely cause could be a cascade of long position liquidations. This triggered an avalanche-like price decline that caught even experienced traders off guard.
My professional advice: in the current situation, investors should exercise extreme caution. A 90% drop in minutes indicates extremely low liquidity and high volatility of the asset, despite support from major venture capital funds. Without official explanations from the project team or Binance, any price recovery may be temporary and dangerous to enter.