TON-Linked TAC Token Plummets 92% to $0.0046 Following Binance Listing

Key Facts

In a move that underscores the inherent risks of new cryptocurrency listings, the TAC token—linked to the TON Application Chain protocol—experienced a massive crash immediately following its debut on Binance. According to reports, the token's price plummeted from a high of $0.06 to as low as $0.0046, representing a sharp decline of over 92% in record time. The collapse is attributed to immediate mass selling by airdrop recipients as soon as trading commenced on the exchange.

This event mirrors a recurring pattern in the crypto sector where TON-based assets often face immense selling pressure upon listing on major exchanges; for instance, similar tokens have historically seen drops ranging from 70% to 80% on their first day per market data. Experts note that the lack of lock-up mechanisms for airdrop participants significantly exacerbated price volatility, a common risk factor for low-cap projects within the expanding TON ecosystem.

As of the market snapshot on July 7, 2026, TAC is trading near its post-crash lows as the market attempts to absorb the excess supply. Traders should keep a close watch on upcoming global catalysts, including the Eurozone Inflation Rate data, which may further influence broader risk sentiment and liquidity flows in the digital asset space.