The cryptocurrency market is once again demonstrating its volatile nature: the TAC token, associated with the TON Applications Chain infrastructure project, has crashed by over 90% in a record 15 minutes. The asset is traded on Binance Alpha and Binance Futures, making this incident particularly notable for traders.
TAC is the native token of the TON Applications Chain network, built on an EVM-compatible solution for the TON ecosystem. The project was announced in 2023, and its listing on Binance took place in July 2025. Among its investors are major funds such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group.
Such a sharp price drop over a short period indicates a possible massive sell-off by large holders or a liquidity failure. As of now, no official comments have been received from the project team or Binance, but such movements are often associated with a sudden shift in market sentiment or technical issues.
Analysis and Consequences
Such crashes are not uncommon for tokens that have been listed on major exchanges. Investors who entered the project at early stages may have locked in profits, triggering a cascading decline. For long-term holders, this is a serious signal of the risks associated with altcoin volatility, even with solid support from venture funds. I recommend monitoring the price recovery and any potential statements from the team — without fundamental changes, the project may face a loss of trust.