🚨 ZCASH ALERT: 16% CRASH 🚨
Governance Dispute Sparks Sell-Off
Zcash ($ZEC ) is experiencing a significant downturn, with its price dropping by 16.4% in the last 24 hours, currently trading at around $402.95. This decline is largely attributed to the recent mass resignation of the Electric Coin Company (ECC) development team, citing governance disputes with the Bootstrap board. The ECC team, responsible for Zcash's protocol development, resigned due to disagreements with Bootstrap's governance structure. Because Of the Governance Dispute, ZEC's price plummeted over 16% following the announcement, reversing part of its 2025 gains.
ZEC
341.64
-5.96%