$ZEC Why is Zcash Dumping? 🚨📉
The "Mass Exodus" is real — Zcash just lost its core DNA! 👇
If you’re wondering why $ZEC is crashing, it’s a total governance collapse. Here are the facts:
❌ MASS RESIGNATION: The entire Electric Coin Company (ECC) team—the developers behind Zcash’s privacy tech—just resigned all at once.
❌ LEADERSHIP WALKOUT: CEO Josh Swihart and the entire staff left after a deep dispute with the "Bootstrap" board. Swihart called the board's actions "malicious."
❌ THE DISPUTE: The team claims the board’s governance made it impossible to work with integrity. While the Zcash protocol is "unstoppable" code, the roadmap is now a black hole. 🕳️
The Market Impact:
Price Action: ZEC has failed to hold the $480 support and is currently testing the $400 zone. 🩸
The Future: The team plans to form a new company, but the uncertainty is driving a massive sell-off. ⚠️
Bottom Line: Watch the $388 support closely. If that fails, $ZEC enters a very dark phase. ⚓
Buying the dip or staying away? Let’s hear it! 👇
#ZEC #Zcash #CryptoNews #BinanceSquare #WriteToEarn 🚀
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