PepeOneDollarPortal appears to be a meme token inspired by the popular $PEPE coin. Several similar projects have launched with 'no taxes, no bullshit' policies and renounce the contract to build community trust. These tokens often feature a 0% buy/sell fee and no team allocations. The project aims to offer another opportunity for investors who missed the initial $PEPE surge, with some versions backed by existing teams like SONIC INU. Liquidity is locked and a multi-sig wallet holds tokens for future exchange listings and liquidity pools.