Zcash Price Falls 18.37% to $393.95 Amid ECC Team Departure

ZEC's sharp drop coincided with the departure of its Electric Coin Company team to form a new venture, continuing the privacy coin mission.

ZEC

56d ago

Summary

Zcash (ZEC) traded at $393.95 on OKX, down 18.37% over the past 24 hours, after hitting a low of $381.4 earlier today. The decline comes as the Electric Coin Company (ECC) team announced they are leaving to start a new company dedicated to advancing privacy-focused cryptocurrency initiatives.

Terms & Concepts

Zcash (ZEC): A privacy-focused cryptocurrency that uses advanced cryptography to allow shielded transactions, hiding sender, receiver, and transaction amount.