TAC token crash: over 90% market cap lost in 15 minutes
The digital asset market has witnessed one of the sharpest crashes in recent times. The TAC token, traded on Binance Alpha and Binance Futures, lost over 90% of its market value in a matter of minutes — less than 15. Such a rapid decline raises serious questions about liquidity and investor protection mechanisms on centralized platforms.
Let me remind you that TAC is the native asset of the TON Applications Chain (TAC) blockchain project, which is building EVM-compatible infrastructure for the TON ecosystem. The project was announced in 2023, and its listing on the Binance exchange took place in July 2025. Key investors supporting the initiative include major players such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group.
Such a sharp price drop is most likely linked to a massive sell-off by a large holder (whale) or a series of forced liquidations in the futures market. Given that the token was traded with high leverage on Binance Futures, even slight selling pressure could have triggered a cascading effect. For a project with such a solid investment base, a 90% drop in 15 minutes is an alarming signal, indicating extremely low market depth and a high risk of manipulation.
Analysis and Conclusions
From my perspective, this incident is a stark reminder that even tokens backed by venture giants and listed on top exchanges are not immune to sudden crashes. Investors should be extremely cautious when trading low-capitalization assets on futures markets. Without sufficient liquidity and volatility control mechanisms, such stories will repeat themselves. The market has once again shown that a project's fundamental value does not always correlate with the instant price dynamics on the exchange order book.