Web3 ai has introduced a range of tools for detecting fraud in the crypto industry, while tokens like SHIB and AVAX exhibit interesting movements in the market.
Fraud Issues in Cryptocurrency
In recent years, fraud in the cryptocurrency sector has become a significant problem. Web3 ai has developed the Scam Detector tool, which analyzes smart contracts and identifies potential threats in advance, helping to prevent user losses.
SHIB's Rise and Its Risks
The Shiba Inu (SHIB) token showed an 11% increase, reaching $0.0000139. However, analysts warn of potential signals indicating short-term weakness, such as the formation of a 'death cross' on the chart.
AVAX Clears Resistance but Needs Support
Avalanche (AVAX) has broken past significant resistance for the first time since February, which may indicate a potential trend reversal. However, to confirm strength, AVAX must consistently maintain support levels.
The crypto industry still faces fraud risks, and tools like the Scam Detector from Web3 ai may play an important role in protecting traders. Tokens SHIB and AVAX continue to attract attention, demonstrating volatility and potential opportunities, but also risks.
