Claude Code Security Launch Hits Cybersecurity: W Analysis

BB

BB/USDT

$0.0271
-5.25%
24h Volume

$3,840,223.23

24h H/L

$0.0289 / $0.0264

Change: $0.002500 (9.47%)

Funding Rate

+0.0050%

Longs pay

Data provided by COINOTAG DATALive data
BB
BB
Daily

$0.0271

-4.91%

Volume (24h): -

Resistance Levels
Resistance 3$0.0339
Resistance 2$0.0300
Resistance 1$0.0284
Price$0.0271
Support 1$0.0264
Support 2$0.0235
Support 3$0.008400
Pivot (PP):$0.027467
Trend:Downtrend
RSI (14):29.5
(07:50 AM UTC)
3 min read

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Anthropic's AI-powered code security scanner Claude Code Security, introduced on Friday, February 20, as a limited research preview, led to significant declines in shares of leading US cybersecurity companies after its launch. Palo Alto Networks stock (PANW) fell about 9% since the launch, CrowdStrike stock lost 18% value, wiping out $20 billion in market cap, Fortinet stock (FTNT) dropped 9%. Other companies like Cloudflare and Zscaler also suffered similar losses. This development resonated in the crypto sector as well; especially projects focused on smart contract security were affected.


Cybersecurity firms extend stock losses on Monday. Source: CompaniesMarketCap

Technical Features and Superiority of Claude Code Security

Claude scans the codebase to detect vulnerabilities, verifies them with a low false positive rate, and offers fix suggestions. Its most advanced model Claude Opus 4.6 found over 500 high-severity vulnerabilities despite decades of expert review. It leads in OpenAI's smart contract security benchmark released on February 19. This demonstrates AI's ability to understand context and provide proactive fixes, unlike traditional tools. For crypto developers, its ability to scan Solidity or Rust-based smart contracts in seconds is revolutionary.

Details of Cybersecurity Companies' Stock Declines

CrowdStrike’s 18% loss led to $20 billion wiped from market value. 9% drops were observed in PANW and FTNT. Robert W. Baird analyst Shrenik Kothari described it as "panic-driven selling." AI threatening manual reviews has unnerved investors. Cloud security firms like Cloudflare are also under pressure.

Impact on W Coin Price: Current Data

In the crypto market, examining the W detailed analysis, the uncertainty created by the Claude launch pressured W's price. Current price: $0.02, 24-hour change: -%2.69. RSI: 30.92 (oversold region), trend: Downtrend, Supertrend: Bearish, EMA 20: $0.0207. These data show the general market fear reflecting on W. W futures are also under similar pressure.

Support and Resistance Levels Table for W

LevelPriceScore (/100)DistanceSources
S1 (Support)$0.017072 ⭐ Strong-%6.08Fibo 0.000, Donchian Lower, S1
S2 (Support)$0.018061 ⭐ Strong-%0.55BB Lower, Swing Low, Stoch OS
R1 (Resistance)$0.018559 Medium+%2.21R1, Prev Day Close, Pivot
R2 (Resistance)$0.040454 Medium+%123.20Fibo 0.618, LVN 5, BB Middle

Impact of AI Security Tools on Crypto and WLD Connection

AI tools like Claude make smart contract audits cheaper, relieving web3 developers. This erodes revenues of traditional cybersecurity firms while accelerating crypto projects. The related coin WLD detailed analysis is following a similar trend. Investors can hunt for bottoms in W with RSI 30.92, but if the bearish trend continues, S1 ($0.0170) may be tested.

Risk and Opportunity Analysis for Investors

According to expert opinion, short-term panic selling can create opportunities. Support levels for W are strong (S1 score 72/100), but recovery remains limited without breaking R1 ($0.0185). The crypto ecosystem will strengthen with AI integration; traditional firms' losses open space for innovative projects.

Senior Technical Analyst: James Mitchell

6 years of crypto market analysis

This analysis is not investment advice. Do your own research.

JM

James Mitchell

COINOTAG author

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