PEIPEI's primary use is as a memecoin within the broader cryptocurrency market, leveraging Internet meme culture to drive community engagement. The project celebrates the iconic "Pepe the Frog" meme while incorporating Chinese cultural elements, aiming to foster an active and vibrant community. It does not have specific utility beyond its role as a memecoin, focusing instead on community participation, cultural unification, and speculative trading.

Although 'PEIPEI' was the ticker assigned at the deployment of the PEIPEI Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'PEIPEICN' has been adopted for this token. This designation ensures that assets are distinctly identified.