A man staring at a declining price chart on a computer screen
ZEC has fallen after the departure of Zcash’s developer team to create a new startup. Although some investors still believe the coin can jump back up and bring them some gains, one analyst has referred to holding it as a “portfolio suicide”.
The analyst Crypto Bitlord on X said the project will soon suffer a major exploit that will probably make the price crash lower than has been seen in the last few days. This post is coming after an influencer shared a chart implying that it was time to buy more ZEC.
Although the negative post could be pure fear, uncertainty and doubt (FUD), Zcash’s recent performance leaves more to be desired.
ZEC Faces FUD
Shortly after the Zcash developer team resigned, ZEC declined by at least 20%, which would be fine if it stopped there. However, the price continued its decline, which caused Monero (XMR) to reclaim its position as the largest privacy coin in the industry. This decline has worsened, prompting analysts to project another drop to $210.
Though the coin has bounced back slightly from the support it lost recently, the crisis in the governance of the project still leaves a gap that needs filling. This could explain the FUD around the coin, which may further damage its reputation in the future. For now, the general rally in the market seems to be supporting ZEC, and some analysts believe it may be heading to $450 in the short term.
Meanwhile, ZEC had outperformed both privacy coins and regular crypto assets last year, making it one of the best performing assets in 2025 especially towards the end of the year. While the rally was expected to continue into the new year, the developer team’s departure thwarted it, a move that has been described as a ploy to harvest the gains from 2025 for a new project.
What’s Next for ZEC?
ZEC currently stands on perilous ground as there’s a lot of uncertainty around it. Though some investors and traders still believe in it, the risk of a fall is magnified by the crack in the project’s team which is far from being resolved.
As the crypto market is unpredictable, superficial hype from diehard supporters may push it higher especially if the market continues upward. Otherwise, the chance of outperforming other assets the way it did last year becomes slimmer.
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