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DASH Price Forecast: Zcash Plummets as Developers Depart – Are Investors Turning to DASH?
Last week, over 25 members of the prominent development team behind Zcash stepped down, initiating a significant shift in focus within the privacy coin sector.
As trust in Zcash diminishes, interest has swiftly shifted towards alternatives, with Dash rising as a leading option.
This change in sentiment has led to a spike in trading volumes, bolstering a bullish Dash price prediction as more investors seek privacy-centric projects that exhibit stability and growth.
Josh Swihart, the former CEO of the Electric Coin Company (ECC), mentioned that the departures resulted from ongoing disagreements with Bootstrap, the non-profit organization responsible for overseeing the team’s efforts.
In recent weeks, it has become evident that most Bootstrap board members (a 501(c)(3) nonprofit established to support Zcash by managing the Electric Coin Company), particularly Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai (ZCAM), have transitioned into…
— Josh Swihart
(@jswihart) January 7, 2026
Swihart underscored that there was a “clear misalignment” between the primary objectives of Bootstrap and ECC, which hindered the team’s ability to perform effectively.
This news resulted in a sharp drop in the price of ZEC. As of this writing, its 7-day losses amount to 17%.
Conversely, DASH has recorded a 74% increase during the same timeframe, as the market appears to have shifted its focus towards this token and Monero (XMR) in response.
Zcash was one of the best-performing assets last year, boasting an 827% increase. If the same buying enthusiasm transfers to DASH, it could elevate its price to heights not seen in years within the upcoming weeks.
Dash Price Prediction: DASH Targets $250 Following Bullish Breakout
DASH’s trading volumes have more than doubled in just the past 24 hours, now representing 130% of the asset’s circulating market cap at $1.2 billion.
Source: TradingView
This suggests that buying pressure has significantly intensified, leading to a considerable short squeeze that may continue to develop over the next few days.
The daily chart indicates that DASH has been on an upward trend for three consecutive days and has surpassed a crucial resistance level at $58 with robust volumes.
This creates the potential for a breakout, with targets set at $125 and $250, presenting up to 233% upside in the coming weeks.
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The post DASH Price Prediction: Zcash Collapses as Developers Quit – Are Traders Fleeing Straight Into DASH? appeared first on Cryptonews.
(@jswihart) January 7, 2026