The cryptocurrency market once again demonstrates its unpredictable nature. In less than a quarter of an hour, the TAC token, traded on Binance Alpha and Binance Futures, lost over 90% of its value. Such a sharp decline, occurring literally within 15 minutes, has raised serious questions among market participants and analysts.
What is TAC and why does it matter?
The TAC project is an EVM-compatible TON Applications Chain network designed for the TON ecosystem. The idea of integrating the Ethereum Virtual Machine into the TON blockchain is ambitious in itself and could attract significant interest from DeFi developers. The project was announced back in 2023, with listing on Binance taking place in July 2025. Among its investors are major players such as TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. The presence of such a solid pool of investors typically indicates a high level of trust in the project.
Reasons for the collapse: speculation or a fundamental crisis?
Such a sharp decline over a short period is usually associated with a massive sell-off by large holders (whales) or a technical glitch. However, the exact cause has not yet been disclosed. It is important to note that the asset is traded on the spot market of Binance Alpha and the futures market of Binance Futures, which could have amplified the effect of cascading liquidations of leveraged positions. If this is not an isolated incident but a consequence of deeper issues within the project, trust in TAC could be undermined for a long time.
My opinion as an analyst: Such movements are a classic signal either of the completion of a pump-and-dump scheme or of a sudden exit by insiders. For investors, this is a serious reminder of the need for diversification and thorough liquidity checks, even on top-tier platforms. Follow the news from the TAC team — only an official explanation will be able to clarify the situation.