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Home»Altcoins»Zcash drops 17% after core teams quit amid internal conflict

Zcash drops 17% after core teams quit amid internal conflict

Altcoins By Gavin08/01/2026
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Analyst Predicts Imminent All-Time Highs for Bitcoin, Sees One Memecoin
Analyst Predicts Imminent All-Time Highs for Bitcoin, Sees One Memecoin
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Zcash’s price is about to crash, after posting huge gains by the year 2025. According to CoinGecko’s ZEC statisticsThe privacy-focused crypto has dropped nearly 17% over the past 24 hours. It also fell 21.8% last week. ZEC has still risen by 682.8% despite its massive drop. We’ll discuss whether the asset is still viable or not.

CoinGecko

ZCash Faces Massive Crash Amid Team Exodus

ZeC
Source: BTC Manager

Electric Coin Company (ECC), a core team of developers behind Zcash’s protocol, announced its resignation on Jan. 7th, 2026 due to growing tensions within the Zcash project. Josh Swihart (CEO of ECC) accused the governing bodies for making it difficult to function effectively. Zcash’s (ZEC) price may drop further as investors lose confidence in the currency. This asset may be facing a long winter.

Over the past few weeks, it’s become clear that the majority of Bootstrap board members (a 501(c)(3) nonprofit created to support Zcash by governing the Electric Coin Company), specifically Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (ZCAM), have moved into…

— Josh Swihart 🛡 (@jswihart) January 7, 2026

Zcash, or ZEC as it is also known, saw a strong rally at the end 2025. ZEC’s rise coincided with a greater spike in the prices of coins that are privacy-focused. Monero (XMR), a privacy-focused coin, followed suit. ZEC rallies came to an abrupt halt when internal struggles were revealed. Investors will not pour money into this project until the internal struggles are resolved or a different team is put in charge.

Please Read This: Crypto Market Faces Yet Another Crash: Bear Market Still Strong

Zcash’s (ZEC’s) price is not likely to rebound any time soon, given the overall bearish market. Investors are still hesitant to invest in risky assets like cryptocurrencies due to macroeconomic uncertainty. Most likely, market participants will continue to be risk-averse. Price drops for crypto currencies, including those that are struggling internally, can continue in the coming weeks. ZEC has a long way to go before its price can see positive movement.


“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: watcher.guru

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