PepeFast appears to be related to the Pepe 3.0 fairlaunch project, offering a potential last chance for investors who missed earlier opportunities like Pepe 1.0 and 2.0. It boasts features such as zero tax, no mint function, a safe environment with no blacklist, and support from prominent groups and influencers. The project is trending on multiple platforms including Dexview, Avedex, and Dextools, with plans for listing on top ten CEXs. It emphasizes a bullish community and encourages users to prepare their ETH.