Pepe 2.0 (PEPE2) is a meme-inspired cryptocurrency token introduced as a new iteration of a previous project. Pepe 2.0 positions itself as a multichain Layer-2 solution, offering a series of features that include reduced fees, high transaction scalability, the ability to build smarter decentralized apps (dApps) by connecting to off-chain APIs, and interaction with Pepe on users' preferred settlement layer. The token also allows users to pay network fees either in PEPE2.0 or the protocol’s native currency.

The PEPE2.0 token is designed to enhance Pepe's advanced scaling infrastructure, aiming to create a truly decentralized experience for users. With PEPE2.0, developers can unlock the potential of their projects by building next-gen multichain dApps, leveraging real-world data and more complex computation into their smart contracts without an extensive effort. This feature, known as Hybrid Compute, enables the addition of real-time, real-world data into smart contracts, thereby creating a dynamic user experience. Furthermore, PEPE2.0 provides a multichain infrastructure, allowing projects to be launched on their preferred Pepe settlement layer and benefit from each unique environment.