TAC, a TON-ecosystem EVM blockchain backed by TON Ventures and Hack VC, crashed over 90% in 15 minutes after listing on Binance Alpha.
Tech & Launches ·
TAC, an EVM-compatible blockchain project for the TON and Telegram ecosystem, experienced a severe price collapse following its July 2025 listing on Binance Alpha and Binance Futures. The token shed more than 90% of its value in just 15 minutes, declining to approximately $0.0063, according to reporting on the incident.
The project carries backing from TON Ventures and a roster of institutional investors—Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group—which had positioned it as a significant infrastructure play within the broader TON ecosystem. The rapid devaluation raises questions about the mechanics of the listing, order book dynamics, or other factors that may have triggered the sharp sell-off.
What remains unclear is whether the crash stemmed from technical issues, market manipulation, whale selling, or structural problems with the token release itself. No explanation from the project team, exchanges, or investors has been documented, leaving the underlying cause and any remedial steps undisclosed.