A cybersecurity firm just identified malicious code on the official Pepe website that could drain visitors’ wallets.

This development threatens to undermine investor trust and favors a bearish Pepe price prediction. But could it really go to zero?

According to Blockaid, a firm dedicated to detecting fraud in the crypto space, the site contains code known as “Inferno Drainer,” designed to immediately siphon funds from any connected wallet.

The firm told Cointelegraph: “Blockaid detected Inferno drainer code on the Pepe front end, matching a known drainer family we regularly identify.

This is a front-end compromise, where users are redirected to a fake site that injects malicious code to drain wallets.”

The site reportedly auto-downloads malicious code onto users’ computers or mobile phones, which will execute automatically.

Pepe Price Prediction: Lead Team Fails to Address the Threat – How Low Can PEPE Go?

Meme coins have experienced big losses in 2025 as the market has shunned this entire category despite the May-October altseason.

The token has lost more than three-quarters of its value since the start of the year. This reflects the market’s lack of appetite for PEPE.

The meme coin has temporarily found support at $0.0000040 following a robust jobs report in the United States. Although the Relative Strength Index (RSI) shows a mild bullish divergence, the price still needs to climb above $0.0000055 to reverse its latest downtrend.

PEPE may not hit zero after the news, as the website does not compromise the token’s smart contract.

However, the lack of coordination from the lead team does favor a bearish outlook as Pepe’s community engagement seems weak.

In contrast, a new crypto presale inspired by the Pepe viral meme called Pepenode ($PEPENODE) has managed to raise nearly $2.3 million to launch its fun mine-to-earn (M2E) game.

Pepenode ($PEPENODE) Makes Meme Coin Mining Fun and Hardware-Free

Crypto mining has commonly been associated with expensive hardware, complex algorithms, and so on.

Pepenode ($PEPENODE) is here to change that by introducing an M2E model that allows users to easily launch virtual mining servers.

By buying $PEPENODE, players can launch as many mining rigs as they want to earn points and compete to make it to the leaderboard.

Top miners receive airdrops of popular meme coins like Bonk ($BONK) and Fartcoin ($FARTCOIN) from the project’s rewards pool.

In addition, they can upgrade their setup to increase their output by investing additional $PEPENODE tokens. Up to 70% of the tokens used will be burned forever to reduce the circulating supply.

Mining has never been this easy, and the crypto community will soon start to notice. As such, the demand for $PEPENODE should skyrocket as more users join the platform.

To buy $PEPENODE at its presale price, simply head to the official Pepenode website and link up a compatible wallet (e.g. Best Wallet).

You can either swap USDT or ETH for this token or use a bank card to invest in seconds.

The post Pepe Price Prediction: Official PEPE Website Hacked and Infects Visitors With Malware – Is PEPE About to Go to Zero? appeared first on Cryptonews.

PEPE investors are at risk of losing their coins following a recent security incident. On-chain security firm Blockaid drew attention to a front-end attack on the meme coin’s website that could potentially drain users’ funds. 

PEPE Investors At Risk With Website Front-End Attack

In an X post, Blockaid stated that its system identified a front-end attack on PEPE’s website. The security firm further revealed that the site contains a code of Inferno Drainer. This malware is known to be used to automatically drain users’ wallets, which puts holders at risk of losing their coins. 

The Inferno Drainer malware is said to redirect visitors on the website to a fake portal, where they risk clicking phishing links that are designed to drain their wallets. As such, the security firm advised investors and community members to avoid the website until the issue is resolved. 

Blockaid’s Threat Intelligence Team also told Cointelegraph that the Inferno Drainer code detected on the website matched a known drainer family they regularly identify. Meanwhile, the team has yet to make a statement on their official X platform regarding the malware. 

Notably, the website on the PEPE X platform redirects to a fake website (pepedotvip) instead of the original site (pepedotcom). The website also promotes a PEPE derivative, which is believed to be a rug coin. The price remained steady amid reports of the hack, climbing as high as 4% yesterday. 

However, the meme coin price has since retraced as part of a broader crypto market correction led by Bitcoin. The third-largest meme coin by market cap is also down over 75% year-to-date (YTD) thanks to the recent crypto market crash. 

The Rise In Inferno Drainer Attacks

The PEPE front-end isn’t the first to fall victim to an Inferno Drainer attack this year. Earlier in the year, Blockaid had identified that CoinMarketCap’s frontend was compromised by what appeared to be an Inferno Drainer. Back then, the CoinMarketCap website displayed a pop-up prompting users to verify their wallets, which ultimately drained their funds. 

The BNB Chain X account was also a victim of this Inferno Drainer in October. The hackers posted links that directed users to websites that employed the Inferno Drainer toolkit. This incident resulted in a total loss of around $8,000 for users, which the BNB Chain promised to reimburse. 

Blockaid last year revealed that the Inferno Drainer group stole $80 million from Web3 users by exploiting older, malicious decentralized applications. This kind of scam is also said to have tripled last year, resulting in significant losses for investors. 

At the time of writing, the meme coin price is trading at around $0.000004697, down over 3% in the last 24 hours, according to data from CoinMarketCap.