PEPE

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The specific meme shows PEPE with a tear and the caption "Feels Bad Man", which is one of the earliest and most iconic Pepe memes.

Context of this meme:

Origin: Created by artist Matt Furie in his comic Boy’s Club. Pepe was originally a chill character.

Meme usage: “Feels Bad Man” became popular on imageboards like 4chan in the late 2000s as a way to show sadness or disappointment.

Emotion conveyed: Sadness, emotional defeat, or reacting to something unfortunate.

It's often used in conversations where someone is venting, reacting to bad news, or playfully being dramatic about a setback. #PEPE‏