A sharp event occurred in the cryptocurrency market: the TAC token lost more than 90% of its value in just 15 minutes. The asset is traded on Binance Alpha and Binance Futures platforms, making the drop particularly noticeable for traders.
What is TAC?
The TAC (TON Applications Chain) project is an EVM-compatible network built for the TON ecosystem. Initially announced in 2023, it was listed on Binance in July 2025. Its investors include major funds such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. This indicates a high level of institutional support.
Reasons for the crash
Such a rapid decline is a rare occurrence even for the volatile crypto market. Typically, such movements are associated with a large liquidation of positions, a sudden dump of tokens by a major holder, or a technical glitch. It is important to note that TAC is an asset with a relatively recent listing, making it more vulnerable to manipulation and sharp liquidity fluctuations.
As of now, no official statements have been made by the project team or the exchange. However, such events often raise questions about market depth and risks for token holders.
Expert comment: In my view, this episode highlights the critical importance of risk management when trading low-cap tokens. Even with strong investor backing, liquidity may prove insufficient to protect against sharp movements. Investors should closely monitor large wallet activity and use stop-losses.