#CryptoSecurity101 Pepe (PEPE) is a meme cryptocurrency launched in April 2023 on the Ethereum network, inspired by the famous “Pepe the Frog” character. It witnessed rapid growth, surpassing a market cap of $1 billion within just three weeks of launch. The coin follows an inflationary model with a token-burning mechanism and reward distribution for holders, without transaction taxes. Despite lacking a known development team or an official roadmap, its active community helped list it on major exchanges like Binance. PEPE is considered a high-risk investment due to its volatility and reliance on community momentum.