Pepe Coin is a cryptocurrency inspired by the popular internet meme "Pepe the Frog." It is typically categorized as a meme coin, similar to Dogecoin and Shiba Inu, and primarily serves as a community-driven digital asset. These coins often gain popularity due to social media hype and online communities rather than intrinsic value or innovative technology. While some investors see potential for short-term gains due to volatility, others view meme coins like Pepe Coin as highly speculative and risky investments.