Pepe (PEPE)
Origin & Theme: Launched April 17, 2023 on Ethereum; inspired by the “Pepe the Frog” meme .
Tokenomics: Deflationary with limited supply; large portion locked ("burned") by creator .
Market Status: By late 2023, became the third-largest memecoin after DOGE & SHIB, with a market cap around USD 10 billion. Experienced rapid rallies and pulls .
Criticism: Some observers view it as opaque or lacking intrinsic value
