The TON ecosystem token TAC fell sharply after listing, erasing over 90% of its value in a quarter-hour.
The Binance Alpha-listed token TAC dropped more than 90% in 15 minutes, reaching approximately $0.0067. The decline occurred shortly after its introduction on Binance’s Alpha and Futures platforms in July 2025.
TAC is backed by investors including TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. The project aims to develop an EVM-compatible blockchain for the TON and Telegram ecosystem, but the sudden price drop raised concerns among traders.
No immediate market reaction details were provided, though the rapid decline may signal volatility in newly listed tokens.