ZEC took a sharp hit today, plunging over 20% after the project's core development team announced their resignation. The sudden departure has sent shockwaves through the market, triggering significant selling pressure. This marks a critical moment for the Zcash ecosystem as stakeholders digest what the team's exit means for the project's future direction and technical roadmap.
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OnchainDetective
· 01-11 16:14
According to on-chain data, this 20% drop is definitely not a coincidence... A few days before the team collectively resigned, large wallet transfers started to behave abnormally. I had already suspected something was going to happen.
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PumpStrategist
· 01-08 20:57
The development team ran away, this pattern has already formed. The chip distribution clearly shows institutional dumping.
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A 20% drop? I saw the bottom divergence three days ago, and only now is the market reacting, which is typical of retail mentality.
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Interesting, this is what is called "risk release." However, RSI hasn't bottomed out yet, be cautious of chasing the short.
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The Zcash project already had many issues, and once the team ran, everything was exposed. Avoid based on probability strategies.
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If you can't understand the chart, don't operate blindly. In such sudden negative news, trading volume is the key.
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Another case of technical support collapsing. Be rational, not every time you can buy the dip.
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Frontrunner
· 01-08 16:59
The core team has run away, and ZEC is now completely finished.
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ContractTearjerker
· 01-08 16:56
This is a disaster, the core team has run away, and ZEC has been cut in half.
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BearMarketBarber
· 01-08 16:53
The team ran away, and you still want to survive? This coin is already dead.
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ReverseFOMOguy
· 01-08 16:51
The core team ran away, this wave of ZEC is directly gone...
ZEC took a sharp hit today, plunging over 20% after the project's core development team announced their resignation. The sudden departure has sent shockwaves through the market, triggering significant selling pressure. This marks a critical moment for the Zcash ecosystem as stakeholders digest what the team's exit means for the project's future direction and technical roadmap.