- PEPE memecoin price rises 4.46% despite official website being hacked.
- Technical indicators point to bullish momentum for PEPE amid strong trading volume.
- Retail and institutional interest supports memecoin momentum within broader market trends.
The Pepe memecoin price climbed notably today despite a serious security incident after the project’s official website was compromised.
The token is currently trading around $0.000004898, reflecting a 4.46% gain over the past 24 hours.
Although the website exploit has not immediately impacted memecoin trading and retail attention remains elevated—partly driven by technical signals and ongoing interest in high-beta memecoins—analysts warn that gains could quickly evaporate if the breach is not addressed.
Technical drivers lift Pepe memecoin price
From a technical standpoint, PEPE recently broke above its 7-day simple moving average (SMA) at 0.0000045579 and its 30-day exponential moving average (EMA) at 0.0000051095.
These moves are reinforced by a positive MACD histogram reading and a bullish crossover of the MACD line above its signal line, indicating constructive momentum.
Additionally, the Relative Strength Index (RSI) sits at 47.08, suggesting the token still has room to move higher before becoming overbought.
As this bullish setup gained traction, short-term traders interpreted the signals as an opportunity to take positions, contributing to increased trading activity.
Over the last 24 hours, PEPE recorded approximately $381.5 million in volume, a 26% rise from the previous day.
Traders should monitor resistance near the 23.6% Fibonacci level at 0.0000057928, which could act as the next target if momentum persists.
Memecoin enthusiasm and market sentiment
PEPE’s advance aligns with broader memecoin trends, where other assets have posted double-digit gains amid renewed investor appetite.
Indicators such as the Altcoin Season Index, which recently tracked at 21, point to growing risk appetite among crypto participants.
Institutional sentiment has also supported market confidence. Remarks from major financial players recognizing the influence of stablecoins and recommendations for modest crypto allocations have helped underpin the wider market outlook.
Security breach casts a shadow over PEPE
The hack on the Pepe memecoin website, identified by cybersecurity firm Blockaid, involved a front-end compromise that redirected users to malicious links.
🚨Blockaid’s system has identified a front-end attack on @pepecoineth.
The sites contain a code of inferno drainer. pic.twitter.com/ugor0Um1jU
— Blockaid (@blockaid_) December 4, 2025
The attack employed a suite of tools known as Inferno Drainer, commonly used for phishing, wallet draining, and social engineering.
Users are strongly advised to avoid the compromised website until security issues are fully resolved.
While the breach has not yet dampened PEPE’s price gains, it highlights persistent risks across the crypto ecosystem.
Analysts note that maintaining the current level above $0.00000500 is important to preserve the bullish technical structure.