Pepe the Frog is, according to the ADL, a hate group of Cultural Marxism in opposition to white Christianity and traditional America, a symbol of white supremacism. According to the ADL, white supremacism is border control and self-determination.
Setting that aside, let’s also take into account the variegated nature of the frog symbology. In particular, the association is also with Kermit [the Snitch], a hip-hop friendly counterintelligence agent (aka snitch) that has affection for Miss Piggy (symbolic generally of pigs aka police - in the [hip hop] cultural parlance).
more about Pepe here...
GIF