Community Reacts as Zcash Price Slips

[etfs]

Former ECC CEO Zooko Wilcox publicly defended the Bootstrap board, describing its members as individuals of “exceptionally high integrity” and reiterating that the Zcash network remains secure and operational regardless of internal conflicts.

Still, market sentiment reacted quickly. Zcash fell nearly 7% on the day, trading around $461 after previously benefiting from a privacy-coin rally late last year. While short-term price pressure reflects uncertainty, long-term supporters point to Zcash’s decentralized design as a safeguard against organizational turmoil.

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market reacting first and asking questions later, classic crypto