The compromise of Pepe's multi-signature wallet caused a nearly 20 percent drop. The weakening of PEPE's multi-signature protection and contract issues led to a loss in value. This event affected the memecoin market, causing concerns. PEPE's decline in the last 24 hours was 20.66 percent and its value decreased to $ 0.00000078. Possible hack risk and Rug Pull concerns could impact the overall market and memecoins. PEPE attracts attention with its risks after the fluctuation in the Binance listing process.

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