Pepe Cash, which has been around since 2016, is, itself, a Rare Pepe — though there are 701,884,009 units of Pepe Cash in circulation. The currency has a market cap of roughly $37 million.

In an April auction, Furie put a digital token of the art up for sale as “Pepe the Frog NFT Genesis.” The winner was a prolific but secretive collector who goes only by the handle “punk4156.” ...

By 2016, Pepe the Frog was an online hate symbol, a racist, beswastikaed nightmare creature beloved by digital white supremacists. Pepe’s catchphrase, “Feels good, man,” was also subjected ...