Token TAC Crash: 90% Value Loss in 15 Minutes — What's Behind the Fall?
The cryptocurrency market has once again witnessed a sharp crash: the TAC (TON Applications Chain) token lost over 90% of its value in less than 15 minutes. This asset, trading on Binance Alpha and Binance Futures, demonstrated an extreme level of volatility that raises serious questions about the project's liquidity and sustainability.
What is TAC and why does it matter?
TAC is an EVM-compatible network built for the TON (The Open Network) ecosystem. The project was announced in 2023, and its listing on Binance took place in July 2025. Its investors include well-known venture capital firms such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. The presence of such a solid pool of investors is usually considered a sign of reliability, yet the current decline calls risk management effectiveness into question.
Details of the crash
The decline occurred within 15 minutes, indicating a possible cascade of liquidations or market manipulation. The exact reasons have not yet been disclosed, but such sharp movements are often associated with low order book depth and concentrated supply among large holders. For traders using leverage on Binance Futures, this crash was catastrophic: many positions were automatically liquidated.
My analysis and conclusions
From a professional analyst's perspective, the TAC crash is a classic example of the risks associated with tokens that have strong support from venture capital funds but trade in early stages. High token concentration among investors and the team can lead to sudden sell-offs. I recommend market participants exercise extreme caution when trading such assets, especially on futures markets with high leverage. The current situation underscores the importance of diversification and using stop-losses — without them, losing 90% of capital in 15 minutes becomes not just possible, but a real threat.