ZEC Development Activity Hits 2021 Lows Amid Internal Meltdown 📉
The narrative around $ZEC is collapsing, and this isn't just emotion talking. Santiment data shows Zcash development activity has plummeted to its lowest point since November 2021, pushing the price back under $400 after weeks of struggle. Historically, sustained altcoin health requires constant building, but $ZEC is showing weakness. The real shocker: key developers have left Electric Coin Company to build a competing privacy wallet called cashZ, directly challenging Zcash’s own privacy focus, Zashi. This signals a deep fracture in vision and talent drain, not just slow progress. In the already pressured privacy coin sector, internal division scares away capital fast. Unless we see immediate, strong reversal signals in development or real adoption, $ZEC risks being forgotten by the market, exactly as the on-chain metrics scream.
#CryptoAnalysis #ZEC #AltcoinRisk #PrivacyCoins 🛑
