The term $PEPE could refer to several different things depending on context. Here are a few possibilities:

$PEPE

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1. Shell Variable / Environment Variable

If you’re using a Unix/Linux shell and type $PEPE, it’s interpreted as a reference to a variable named PEPE. For example:

export PEPE="Hello"

echo $PEPE

# Output: Hello

If it's undefined, it will just return an empty string.

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2. Crypto Token

PEPE is also the ticker symbol for PepeCoin, a meme-based cryptocurrency inspired by the "Pepe the Frog" meme.

It trades under names like PEPE on crypto exchanges.

It's part of a broader meme coin trend similar to DOGE or SHIB.

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3. Pepe the Frog Meme

Pepe is a widely used meme character. Depending on the context, $PEPE might refer to merchandise, content, or digital assets (e.g., NFTs) involving Pepe.

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If you let me know the context in which you're seeing or using $PEPE, I can give you a more precise explanation!