1. Token Type:

PEPE is an ERC-20 token, meaning it operates on the Ethereum network.

2. Meme Coin Nature:

It has no real utility or intrinsic value — it operates solely on a community-driven and speculative basis.

3. No Presale or Taxes:

At launch, there was neither a presale nor taxes imposed on buy/sell, which made it even more viral.

4. Popularity Boost:

Tweets from Elon Musk and other meme coin supporters gave it a hype.