Latest TAC Protocol (TAC) Price Analysis

Deep Dive

1. Mainnet Launch Catalyzes Demand (Bullish Impact)

Overview: TAC’s mainnet launched July 15, enabling Ethereum dApps like Curve and Morpho to operate within Telegram via EVM compatibility. The chain secured $800M TVL pre-launch through its Summoning Campaign (The Defiant).

What this means: The integration positions TAC as a gateway for Telegram’s massive user base to access DeFi, creating buy pressure for $TAC as the exclusive gas token. Daily active Telegram wallets on TAC reportedly surged 1,800% post-launch.

What to watch: Sustained growth in Telegram-based transactions and TAC’s fee conversion mechanism (TON → $TAC) to gauge real-world adoption.

2. Exchange Listings Amplify Trading (Bullish Impact)

Overview: $TAC debuted on Binance Alpha, Bitget, and Kraken between July 14–16, coinciding with a 50% price spike to $0.0248 before stabilizing.

What this means: Listings improved liquidity (24h volume: $3.87M) and speculative interest, particularly with Binance offering 50x leveraged futures. However, the 30-day price remains -25%, suggesting lingering sell pressure from early investors.

3. Technical Rebound Gains Traction (Mixed Impact)

Overview: TAC reclaimed its 7-day SMA ($0.01066) and shows bullish MACD divergence. However, RSI (49.49) remains neutral, and the price sits below the critical 50% Fibonacci retracement level ($0.01314).

What this means: Short-term momentum favors bulls, but reclaiming $0.013 is critical to confirm a trend reversal. Failure risks a retest of the swing low at $0.00888.

Conclusion

TAC’s 24h rise reflects optimism around its Telegram-integrated DeFi ecosystem and exchange-driven liquidity, though longer-term sustainability hinges on user adoption metrics and Bitcoin’s market direction. Key watch: TAC’s on-chain activity (transactions/gas usage) over the next week to validate mainnet utility claims.

Deep Dive

1. Post-Launch Profit-Taking (Bearish Impact)

Overview: TAC surged ~50% to $0.0248 after its July 15 mainnet launch (The Defiant), but gains were partially erased as traders locked in profits. The token’s 24h volume fell 15.79% to $4.3M, signaling reduced buying momentum.

What this means: Mainnet launches often trigger “buy the rumor, sell the news” behavior. With TAC’s 7-day gain still at +11.92%, short-term holders likely exited positions near the $0.013 Fibonacci 50% retracement level.

What to watch: Sustained trading above the 7-day SMA ($0.0105) could stabilize prices.

2. Technical Weakness (Bearish Bias)

Overview: TAC trades below its 7-day SMA ($0.0105) and 30-day SMA ($0.0122), with RSI at 41.85 (neutral but bearish momentum). The MACD histogram shows weak bullish divergence but remains negative overall.

What this means: Traders are hesitant to bid aggressively until the price reclaims the $0.0107 support (78.6% Fibonacci level). A break below $0.0088 (July swing low) could accelerate declines.

3. Liquidity Shifts Post-Listing (Mixed Impact)

Overview: Post-mainnet exchange listings (Binance Alpha, Bitget) initially boosted access but may have diluted buying pressure. Bitget’s ongoing 9M TAC rewards program (CoinMarketCap) has yet to offset broader profit-taking.

What this means: Listings often create short-term volatility as early investors rotate capital. TAC’s 27% monthly drop suggests longer-term holders remain cautious despite ecosystem growth.

Conclusion

TAC’s dip reflects natural profit-taking after a hype-driven rally, compounded by technical resistance and post-listing liquidity shifts. While the mainnet connects Telegram’s 1B+ users to Ethereum DeFi, token utility adoption will be critical for sustained demand.

Key watch: Can TAC hold the $0.010 support, and will its $800M TVL liquidity campaign (Cryptobriefing) drive meaningful usage beyond speculative trading?