ZEC Development Activity Hits 2021 Lows Amidst Internal Meltdown 📉
The
$ZEC story is collapsing, and this isn't just emotion talking. Development activity has cratered to levels unseen since late 2021, pushing the price back under $400 after weeks of fighting. Historically, this is a massive red flag; long-term altcoin survival demands constant building.
Worse, key developers have defected from Electric Coin Company to build a competing wallet, cashZ, directly challenging Zcash’s privacy focus, Zashi. This signals not just slow development, but a fundamental split in vision and talent. 🤯
In the already pressured privacy coin sector, internal division scares away capital.
$ZEC faces a foundational crisis: declining dev metrics, a fractured core team, and intense competition. Without immediate, tangible development or adoption shifts,
$ZEC risks being permanently sidelined by the market.
#CryptoAnalysis #ZEC #AltcoinWatch 💀