Binance Alpha Token $TAC Nosedives 90% as VC-Backed Project Stuns Traders

TAC drops over 90% in 15 minutes after Binance Alpha listing, with no confirmed hack or official cause yet.

Binance Alpha-listed TAC fell more than 90% within 15 minutes, dropping near $0.0063. The move erased millions in market value and surprised traders.

No confirmed hack or protocol exploit had been reported at the time. Binance and the TAC team had not issued an explanation.

TAC is backed by TON Ventures, Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. The project has around $11.5 million in venture backing.

The project is building an EVM-compatible blockchain for the TON and Telegram ecosystem. Traders are now watching whether TAC can stabilize after the selloff.

TAC Flash Crash Shakes Binance Alpha Market

TAC faced heavy selling pressure during a sharp 15-minute market move. 

The token was listed on Binance Alpha and Binance Futures in July 2025. Therefore, the crash drew attention from both spot and derivatives traders.

The decline pushed TAC near $0.0063 after losing most of its value. Such fast moves can happen when selling meets limited market depth. 

As a result, traders began watching liquidity and order book conditions. The crash also raised concerns about sudden price swings in smaller listed tokens. 

These assets can react strongly when large orders enter the market. However, the exact reason for TAC’s move remains unclear.

VC-Backed TAC Faces Fresh Scrutiny

TAC is backed by TON Ventures and several crypto investment firms. Its investors include Hack VC, Animoca Ventures, Symbolic Capital, and Spartan Group. 

The project has also been linked to about $11.5 million in venture backing.

The project is building an EVM-compatible blockchain for the TON and Telegram ecosystem. 

This design aims to support Ethereum-style apps within that wider user base. Because of this, TAC had drawn attention before the flash crash.

The price collapse has placed token supply and trading depth back in focus. 

Thin liquidity can make losses larger when many traders exit quickly. Meanwhile, concentrated holdings may add pressure during sudden selloffs.

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No Official Cause Confirmed Yet

At the time of reporting, no confirmed exploit had been linked to TAC. No official hack notice had been shared by the project team. 

Binance also had not issued a public reason for the decline. Traders are now waiting for updates from both the TAC team and Binance. 

Clear information may help explain whether the move came from market selling. It may also show whether future liquidations added to the pressure.

For now, TAC remains under close watch after its sudden collapse. Investors are monitoring whether the token can stabilize near current levels. 

Further selling could keep attention on liquidity risks across similar tokens.

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