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Pepe Coin is a meme-based cryptocurrency inspired by the popular internet character Pepe the Frog. Launched in 2023, it operates on the Ethereum blockchain as an ERC-20 token. Pepe Coin gained rapid popularity due to its strong community backing and the broader trend of meme coins like Dogecoin and Shiba Inu. While initially seen as a joke, its market performance has fluctuated, with speculative trading driving price surges. Like many meme coins, its value depends on social media hype rather than utility. Investors should approach Pepe Coin cautiously, as it remains highly volatile and subject to market trends.