This article offers an examination of the meme known as Pepe the Frog. In 2015, the Pepe the Frog meme was crowned ‘biggest meme of the year’ by Tumblr. However, only one year later, the Pepe character was branded as a hate symbol by the U.S. Anti-Defamation League. Having begun as an innocuous joke, the Pepe meme took on a range of other complex characteristics. One of the most important was its incorporation into alt-right politics. We discuss this incorporation, especially as it relates to Donald Trump’s deployment of the meme. We propose that the Pepe meme became such a viral phenomenon as a result of the ways in which the meme articulates a mood of Trump-era politics. In order to unpack this proposal, we situate the arguments within th...