Pepe the Frog Meme Meaning & History

While the ADL noted that the majority of uses of Pepe the Frog “have been, and continue to be, non-bigoted,” it had also taken on a more sinister side among some social media communities. Since then, the trader has been gradually taking profits by sending smaller amounts multiple times a day to UniSwap, and receiving ether (ETH) in exchange. The wallet has sent $3.8 million of PEPE to UniSwap in the past month, per Arkham data, presumably to take profits, with $2.4 million of that transferred in the past 24 hours. At the start of the documentary Feels Good Man, cartoonist Matt Furie bends down in a marsh and scoops up a small green frog no bigger than his thumb. He looks like a dad who probably owns a skateboard—shorts, patterned shirt, yellow ball cap, California chill. While this isn’t always the case with anonymous creators, it certainly pays to be mindful when approaching these kinds of projects.

“That familiar but strange creepiness has an inexplicable gravity.” It’s that gravity that drew Pepe away from Furie to strange and dark places, but it’s also what has returned him to the light, albeit on the other side of the world. In summary, the Pepe (PEPE) cryptocurrency project has emerged as a unique and vibrant addition to the blockchain ecosystem. With its strong roots in meme culture and a passionate community, Pepe has managed to transcend its comic book origins and establish itself as a new — if still burgeoning — digital asset. The meme coin market remains wildly volatile, but PEPE has emerged as one of the most valuable meme coins in the world as of this writing, rivaled only by even older standouts like Dogecoin and Shiba Inu as of this writing. But Furie wasn’t wholly wrong when he said that the link between Pepe and hatred would last forever.

“The remaining 6.9% of the supply is being held…only to be used as tokens for future centralized exchange listings, bridges, and liquidity pools. This wallet is easily trackable with the ENS name pepecexwallet.eth,” wrote the creator(s). PEPE has charted surging gains over the course of the year, and saw its biggest breakout in November 2024, then the coin jumped to a new all-time high price. This happened as Robinhood listed the token, and Coinbase signaled plans to do the same later in the day.

Green’s response to the Republican National Committee’s use of his “This Is Fine” webcomic, released an original drawing by Matt Furie that shows Pepe the Frog melting into a likeness of Donald Trump. In early 2008, comic in which Pepe pulls his pants down to his ankles in order to urinate is rumored to have been popularized on 4chan’s /b/, (random) board, along with the expression “Feels good man.” Crypto artists used these resources to publish their work as digital tokens with a fixed circulation123 and then issued the art to collectors who then sold, traded, or stored their collections. However… we have to try to have the best relationship we can, no matter what government is in power,” Mujica insisted, asking the presidential candidates for policies favorable to citizens and the ability to generate a favorable climate for negotiation.

Pepe Coin (PEPE) Vs Similar Memecoins

• On April 19th, a new cryptocurrency project launched in homage to the well-loved Pepe the Frog.
• Remember always to do your own research and never invest more than you can afford to lose.
• Angry Pepe, also known as Angry Frog, is a reaction image featuring a hostile-looking variation of Pepe.
• The meme coin market remains wildly volatile, but PEPE has emerged as one of the most valuable meme coins in the world as of this writing, rivaled only by even older standouts like Dogecoin and Shiba Inu as of this writing.

Various factors, including market sentiment, social media trends, and the crypto market’s overall performance, can influence Pepe Coin’s price. Pepe coin, a memecoin based on Pepe the Frog character created by Matt Furie in 2005, is the tokenised version of this popular internet meme. Despite only launching a year ago, the project stands at an impressive $US4.7B market capitalisation, with some investors predicting it could go much higher. In the following days, BuzzFeed, Politico and many other news outlets reported on the launch of an international social media campaign centered around memes in support of the National Front. Pepe the Frog is, as the name suggests, an online cartoon frog character that has become hugely popular around the world since its creation by cartoonist Matt Furie in 2005. But it has now fallen fowl of an anti-discrimination watchdog and added to a database of “hate symbols.”

Step 3: Deposit Funds into Your Account

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Who uses Pepe the Frog?

Denizens of the darker corners of the Internet turned an innocent frog comic into a hate symbol of the “deplorable” alt-right. And that Infowars had agreed to destroy all their Pepe posters and would refrain from using the character again. That day, Redditor mvea submitted a Vice article about the story to /r/technology,95 where it gathered upwards of 15,800 points (93% upvoted) and 1,000 comments within 24 hours. Meanwhile, other Twitter users began speculating that the frog was actually a depiction of the character Old Man Jenkins from Spongebob Squarepants (shown below). Analysts, 10 top cloud security companies however, have raised concerns about the concentrated ownership of pepecoin, pointing to a handful of traders acquiring substantial amounts of PEPE when the token was released last month.

Among the citizens who voted earlier was former President Pepe Mujica, the historical leader of the Uruguayan left. This means that Pepe the Frog has now joined an ignominious rank of symbols including the well-known Swatiska and blood drop cross used by the Nazis and the Ku Klux Klan respectively, that the ADL has on its “Hate on Display” database. There are currently 391,790,000,000,000 (~93%) PEPE tokens in circulation.

Many responded to Sherman’s thread by praising her for confronting the man, while others accused her of overreacting to an innocuous prank. The following day, The Daily Dot79 published an article titled “Writer says she received racist, unsolicited Pepe meme via Bluetooth” and HeatStreet80 published an article titled “Feminist Stalks Random People at Airport Bar to Find Person Who Sent Her ‘Pepe the Frog’ Image”. On June 14th, 2017, Twitter user @RBraceySherman77 posted several tweets claiming that a “white supremacist” named Jacob sent her an AirDrop request over Bluetooth at the airport, which contained an image attachment featuring the Smug Frog depiction of Pepe (shown below). On January 27th, 2017, Imagebooru users launched a forum titled Pepe de France as a hub for memes and satirical commentaries in support of the French nationalist leader, leading to a slew of Pepe-themed images in the likeness of Marine Le Pen (shown below). On September 29th, Redditor GT_memes reposted the illustration to /r/dankmemes,64 where it accumulated more than 6,500 votes (91% upvoted) within five months.

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Currently working as the content lead for Australian startup CryptoTaxCalculator, Patrick has also covered the crypto industry for Canstar and The Chainsaw. Patrick has over seven years of experience in the crypto space and has previously shared his knowledge with the AML and fraud departments of Australian financial Institutions. Instead, consider transferring your Pepe Coin to a hardware or software wallet you control. On the Pepe Coin trading page, you’ll see a chart showing the the 2020 guide to cryptocurrency taxes current price of the coin, as well as a form to place an order. Choose the amount of Pepe Coin you want to buy and the price you’re willing to pay, then click the “Buy” button to place your order. Once you’ve deposited funds into your account, navigate to the Pepe Coin trading page on the exchange.

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Dimethyltryptamine.eth, which wasn’t cited among the insider wallets by Lookonchain but belongs among the earliest buyers, purchased 5.907 trillion of PEPE tokens for $263 in two transactions on April 14 using UniSwap, Arkham shows. In October 2016, a month after Pepe the Frog was added to the ADL’s Hate on Display database, Furie and ADL formed an alliance to put a stop to Pepe’s defamation and reclaim his image. This is what happened to Pepe the Frog, who was an innocent comic strip character until his name and face became synonymous with the alt-right… Smart contract exploits are a common risk with any type of cryptocurrency. Without proper auditing, smart contracts may intentionally or accidentally contain flaws that a person could exploit for personal gain.