The TAC token experienced a catastrophic collapse: its value plummeted by over 90% in less than 15 minutes. This asset is traded on Binance Alpha and Binance Futures platforms, making the situation particularly notable for institutional and retail traders.
To recall, TAC is the native token of the TON Applications Chain infrastructure project, which is building an EVM-compatible network for the TON ecosystem. The project was announced back in 2023, and its listing on Binance took place in July 2025. Its investors include major players such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group.
Such a sharp decline raises questions about the nature of this movement. Most likely, we are witnessing a classic scenario of mass sell-offs by large holders (dumping) or the triggering of liquidations in the futures market. Given that the token was recently listed and liquidity may have been insufficient, even relatively small sales could trigger a cascading collapse.
My analysis: Such crashes are a warning signal for everyone monitoring projects with strong venture capital backing. If the team does not provide a prompt explanation and a plan to restore trust, price recovery could take months or may never happen at all. The market does not forgive weak liquidity and unexpected sell-offs, especially in the early stages.