PEPE is a community-driven meme token built around the iconic Pepe the Frog internet character, prioritizing cultural relevance and shared humor over traditional utility. Launched in April 2023, this frog-themed cryptocurrency has climbed to rank 42 by market cap, sitting at roughly $2.2 billion with daily volume exceeding $564 million — proof that meme power still moves serious capital. The token trades around $0.0000052, down about