$PEPE Pepe cryptocurrency refers to a meme-based digital currency inspired by the popular internet meme character "Pepe the Frog." The meme, created by artist Matt Furie, gained widespread attention across various online communities, especially in meme culture and social media. The cryptocurrency, often called "Pepe Coin" or just "Pepe," leverages this meme's popularity to generate interest in the token.

Launched in 2023, Pepe Coin is part of a larger trend of meme coins in the cryptocurrency world, similar to coins like Dogecoin (DOGE) and Shiba Inu (SHIB). These coins generally do not have significant utility or a clear technological use case but attract investors through their association with internet culture and viral trends.

The Pepe Coin community is usually driven by social media and meme culture, with a focus on entertainment and speculative investment rather than solving real-world problems. Like other meme coins, its price can be highly volatile, and its success is largely dependent on online community enthusiasm and hype.

It’s important to note that meme coins like Pepe are often seen as high-risk investments, with values that can fluctuate wildly based on market sentiment and viral trends.