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Old Mexican Christmas tale that was told to children who didn’t behave. Pepe negro would break into children’s homes, and throw any child who misbehaved into his sack. It was then said that he would sell you into the underground world of child sex trafficking and you were never to be seen again.
Me: Man Pepe Negro sure did fuck me up as a kid.
Friend: Who? What the hell is a Pepe Negro?
Me: Boy do I have a story for you.
Usually shortened to just "Pepe", Pepe the frog is a character from Matt Furie's "Boy's Club" comic series. After the advent of the feels good man meme on /b/ Pepe and its later alterations such as sad, angry, smug, et. al. Pepe became popular on websites outside of 4chan, to include places like reddit, 9gag, and other image-based media sites. Eventually, different alterations of Pepe led to trading what users would call a rare pepe, or rather a Pepe image that is not widely dispersed among different users.
Honestly, I just need a subreddit dedicated to Pepe the Frog memes. I haven't yet collected enough rare Pepe's.
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A Pepe that is rare. A collector will always be on the look-out for new rare pepes to add to their collection, which no doubt already contains a lot of rare pepes. While one might be inclined to show off their rare pepes it is adviced to do so with caution, should the rare pepe be shared too much there is a good chance it will devalue in rarity.
person 1: Oh wow that is a rare pepe!
person 2: Save it, it's all yours my friend. I have plenty of more rare pepes in my collection.
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Mexican/American general term for chillin' in the present tense..or acknowledgment of a relaxing or calming atmosphere/situation
Jose: "Man, this Hotel is super nice, eh?"
Carlos: "That's right.... pepe sueno. I enjoy it here"