Pepe coin is a memecoin cryptocurrency launched in April 2023 on the Ethereum network, inspired by the popular internet meme “Pepe the Frog,” created by Matt Furie. Unlike crypto projects with utility or complex technological goals, Pepe coin began as an entertainment project driven purely by the community, market speculation, and meme culture. It stood out for its initial deflationary policy (through the continuous burning of tokens) and for charging no transaction fees.