The Wolf Of All Streets ZEC Shock: Team Exodus Sparks Massive Selloff #CryptoTownHall
Jan 8, 2026
Dave, an experienced macro and markets commentator, joins the discussion on a dramatic resignation at Zcash's Electric Coin Company. While the initial reaction was a sharp drop in ZEC prices, he calls the event a 'nothing burger' as core devs pivot to new projects. The panel debates the importance of privacy coins like Zcash and Monero versus market narratives. Dave also analyzes Bitcoin's current volatility and its impact on future breakouts. Finally, the conversation touches on macro signals and the potential for an altcoin rotation.
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Team Exit Isn’t Protocol Death
- The Electric Coin Company team resigned after a governance clash but core development continues under new groups.
- Market panic drove a large, short-lived ZEC price drop despite protocol stability.
Core Devs Leaving To Keep Building
- Paul described working with the Zcash team since 2018 and their passion for privacy tech.
- He said core devs plan a new org (Shielded Labs) and will likely keep building on Zcash.
Narrative + Capital Trumps Usage Short-Term
- Low liquidity plus a strong narrative can produce outsized token moves disconnected from usage.
- Zcash’s 10x was driven by narrative and concentrated capital more than daily on-chain activity.