As of my last update in January 2022, "Pepe Coin" could refer to several things, but it's commonly associated with Pepe the Frog, a popular internet meme. Pepe the Frog has been used in various online communities for years, gaining a significant following.
However, it's worth noting that "Pepe Coin" could also refer to a cryptocurrency or token named after the meme. Cryptocurrencies often emerge with unique names, and some developers create tokens with themes related to popular culture, including memes like Pepe the Frog. These tokens might serve various purposes within their respective blockchain ecosystems, ranging from being a means of exchange to having utility within specific platforms or communities.
If there have been developments or new projects related to Pepe Coin since my last update, I wouldn't have information on those specifics. It's always a good idea to research the most recent sources or news to get the latest information on any cryptocurrency or token.