Every coin and their clone is falling due to the Zcach hype launch. This isn't about Synereo being a scam. Look around you. Everyone is in the red.
Yeah right. You really believe people are buying Zcash at 5 BTC ?

People are buying Bitcoin, that's why all altcoins are dropping. Once Bitcoin stops rising all coins will go up again.
I'm not saying they are buying but it seems for some reason the Zcash launch caused the situation.