“The token is based on the Pepe the Frog meme, which first surfaced on the internet nearly 20 years ago as a comic-strip character,” the Coinbase newsletter said. “Over time it has been co-opted as a hate symbol by alt-right groups, according to the Anti-Defamation League.”
Coinbase Newsletter Irks Crypto Twitter by Pointing Out Pepe Meme’s Connection to ‘Alt-Right’
