Pepe coin news today: whales are dumping | why is pepe memecoin going down?

Pepe is a cartoon frog character that was created by artist Matt Furie in 2005 as part of his comic series "Boy's Club." The character gained widespread internet popularity in the 2010s, particularly in online communities such as 4chan and Reddit, where variations of the character, known as "Pepe memes," were created and shared. However, in recent years, Pepe has become associated with various alt-right, white supremacist, and anti-Semitic movements and has been classified as a hate symbol by the Anti-Defamation League (ADL). It's important to note that the original intent of the character was not intended to be used in this way and that many people still use Pepe as a harmless internet meme.