Pepe was originally a cartoon drawn green frog, after forum sites such as 4Chan found the origins of this frog they started to use it for comical means. It then became a universally used meme that was and still is to this day, used in a wide variety of scenarios. "Pepe" does not have any meaning behind it and rather has any meaning you choose to give it. The reputation of Pepe is created strictly by where and how people use the Pepe. The author that originally created the cartoon has now abandoned the cartoon comic book series because of the "Pepe" character being used in offensive ways.
Have you seen that Donald Trump Pepe (meme)
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