TAC plummeted 90% in 15 minutes yesterday. Today, the project team released a statement: "The team did not participate in the sell-off, tokens remain under lock-up, and the system is operating normally." — The most terrifying announcement in the crypto industry is "everything is normal."

A project that went to zero by 90% in 15 minutes issues a statement saying "no token minting, no malicious behavior, no attack." So where did the $20 million market cap go? "A large perpetual contract sell order was triggered in a thin liquidity environment" — which means: someone dumped, no one bought, it collapsed. In plain English: your coin is trading in a pool that can be smashed through 90% depth with just $2 million. And they call this "system operating normally."