Introduction: Assessing the risks of using wallet analysis

We are discussing the importance of applying wallet analysis to prevent losses

Risk assessment involves analyzing the security and sustainability of cryptocurrencies based on the actions and behaviors of their holders.

Types of scams and frauds to watch out for include:

1. Phishing wallets;
2. Pump and Dump wallets;
3. Money laundering wallets;
4. Scams through smart contracts.

If you come across an unfamiliar token, pay attention to:

1. The news source and its influence:
   • Consider where the news promoting interest in the token is coming from. For example, tweets from well-known personalities can significantly boost demand.