With Bitcoin surpassing a new all-time high of $125,000, the excitement around meme coins is renewed across the global and Saudi cryptocurrency markets. This guide dedicated to Saudi investors highlights 5 meme coins to watch in October 2025, taking into account the unique regulatory and cultural environment in the Kingdom. For each meme coin, we will cover the fundamentals, risk factors, and entry strategies in line with Bitcoin's bullish trend and the Saudi context.

https://www.binance.com/en/join?ref=CRYPTOARABI

Market context: Bitcoin's rise and the Saudi market opportunity

According to the latest data, Bitcoin is currently trading around $121,000-125,000, with expectations of further rises in October. This strong bullish momentum creates an ideal environment for meme coins to thrive, as investors tend to seek high-risk, high-return opportunities when market sentiment is positive.

In Saudi Arabia, cryptocurrency investors realized gains of $351 million in 2023, leading the Gulf Cooperation Council countries in absolute gains. The value of cryptocurrency transactions in Saudi Arabia grew an astonishing 153% from July 2023 to June 2024, exceeding $31 billion. Approximately 11.4% of Saudis (around 4 million people) own cryptocurrency assets, making the kingdom one of the fastest-growing markets in the region.

Why do meme coins thrive in bullish markets?

Meme coins are a unique category of cryptocurrencies that often start as jokes or internet memes but gain real value through community support and social interest. When Bitcoin rises to new record levels, public interest in cryptocurrencies increases, attracting new investors looking for the 'next big wave'.

For Saudi investors, who have shown a strong appetite for digital assets as the data confirms, meme coins provide an opportunity to enter assets with high growth potential at relatively low entry prices.

Considerations for Saudi investors

The regulatory environment

Cryptocurrencies are not legal tender in Saudi Arabia, but they are treated as investment assets under strict supervision. Banks are prohibited from dealing in cryptocurrencies unless they obtain explicit approval from SAMA. Cryptocurrencies are treated as assets and not as legal tender, where individuals do not pay capital gains tax, but companies may face a 15% capital gains tax, a 20% corporate income tax, and a 2.5% Zakat.

Trading platforms

Rain is the only fully licensed platform in Saudi Arabia, but many Saudi investors use global platforms like Binance, Coinbase, and Bitget to access a wider range of currencies. Saudi regulators require all platforms to conduct full KYC checks and monitor transactions.

The five coins for Saudi investors

1. Dogecoin (DOGE)

Dogecoin is the original meme coin, which started as a joke in 2013 but has become one of the most famous cryptocurrencies worldwide. With the support of figures like Elon Musk and a massive community, Dogecoin remains a major player in the meme coin space.

Basics: Dogecoin has one of the most loyal communities in the cryptocurrency space. Its use in tips and online donations gives it a real use case. For Saudi investors, Dogecoin represents a relatively safe choice in the meme coin category due to its high liquidity and availability on all major platforms.

Risk factors: Dogecoin is highly sensitive to Elon Musk's tweets and other social news, making it very volatile.

Entry strategy for Saudis: enter during significant dips, especially after corrections that follow strong rallies. Use reliable platforms like Binance or Coinbase available for Saudi investors.

2. Shiba Inu (SHIB)

Shiba Inu, known as the "Dogecoin Killer", has expanded from a mere meme coin to a complete ecosystem that includes a decentralized exchange (ShibaSwap), an NFT platform, and even an upcoming game.

Basics: Shiba Inu has an ambitious roadmap that includes developing its own metaverse and expanding into gaming. The project regularly burns tokens to reduce supply and increase scarcity. For Saudi investors, the Saudi cryptocurrency market is estimated at $23.1 billion in 2024, indicating a strong market for coins like SHIB.

Risk factors: The massive supply of SHIB (hundreds of trillions of tokens) makes it difficult to achieve significant price increases without extraordinary demand.

Entry strategy for Saudis: focus on key events such as game launches or announcements of significant token burns. Follow official channels and be ready to enter before major events.

3. Pepe (PEPE)

Pepe is a relatively newer meme coin based on a popular internet meme. Despite its novelty, Pepe has gained a large fanbase and impressive trading volume.

Basics: The strength of Pepe lies in its instant brand recognition and the internet culture surrounding it. The project capitalizes on the nostalgia and fun associated with the original Pepe meme. With 7.4 million expected cryptocurrency users in Saudi Arabia by 2025, there is a large market for coins like PEPE.

Risk factors: Pepe has limited use cases outside of speculation, and its value relies heavily on ongoing social interest.

Entry strategy for Saudis: enter during quiet periods in the market before expected waves of social interest. Follow cryptocurrency influencers on Twitter and Telegram to stay informed.

4. Floki (FLOKI)

Floki, inspired by Elon Musk's dog, has evolved from a simple meme coin to a comprehensive project with multiple use cases including gaming, education, and the metaverse.

Basics: Floki has an active development team and a strong community. The project launched Valhalla, a Play-to-Earn metaverse game, and FlokiFi, a DeFi platform. This diversity in use cases makes Floki more than just a meme coin.

Risk factors: Competition in the gaming and metaverse space is intense, and Floki's success depends on the adoption of its products.

Entry strategy for Saudis: watch for product launches and key partnerships. Enter before major events like game launches or major updates.

5. Bonk (BONK)

Bonk is an original meme coin on Solana, which emerged at the end of 2022 and saw remarkable growth in 2023-2024. As the first 'community' meme coin on Solana, Bonk benefits from the network's high speed and low fees.

Basics: Bonk was distributed for free to the Solana community, creating a broad base of loyal holders. The coin integrates well with the Solana ecosystem, including DEXs and gaming.

Risk factors: As a relatively new meme coin, Bonk is more volatile than Dogecoin or Shiba Inu, and its short history makes it difficult to predict long-term performance.

Entry strategy for Saudis: Bonk requires a higher risk tolerance. Allocate only a small percentage of your portfolio (5-10%) to high-risk coins like Bonk. Keep an eye on news from the Solana ecosystem as Bonk's success is closely tied to Solana's success.

Tips for investing in Meme coins for Saudis

Risk management

Do not invest more than 10-15% of your total portfolio in meme coins. These coins are extremely volatile and can lose value quickly. With the Saudi cryptocurrency market growing at a rate of 29.5% annually, there are many opportunities, but caution is advised.

Using reliable platforms

Choose reliable platforms like Binance, Coinbase, or Bitget available for Saudi investors. Ensure that the platform requires full KYC and provides strong security.

Following social news

Meme coins are heavily influenced by social media. Follow Twitter, Reddit, and Telegram to monitor sentiment and news. In Saudi Arabia, where 4 million people use cryptocurrencies, Arabic communities on Telegram and Twitter are valuable sources of information.

Compliance with local laws

Ensure compliance with Saudi laws and regulations when trading cryptocurrencies. Keep accurate records of your transactions for tax purposes if you operate a business, as companies may be subject to a 15% capital gains tax.

Gradual profit-taking

Set clear profit-taking goals. For example, you can sell 25% of your holdings when they double in value, and another 25% when they double again, and so on. This allows you to secure profits while maintaining exposure to future gains.

Summary

Bitcoin's rise to a new all-time high of $125,000 creates an ideal environment for meme coins to thrive. For Saudi investors, who are part of the fastest-growing cryptocurrency market in the Middle East and North Africa with a 154% annual growth rate, this is an exciting opportunity. The five mentioned coins - Dogecoin, Shiba Inu, Pepe, Floki, and Bonk - offer varied opportunities in terms of risks and returns. With the right timing, thorough research, proper risk management, and adherence to local regulations, meme coins can be a profitable addition to a diversified cryptocurrency portfolio.

For trading meme coins:

https://www.binance.com/en/price/meme-coins