✍ There is no reliable or official information confirming that the Kingdom of Saudi Arabia has invested in the meme cryptocurrency $PEPE or that it supports it directly. The claims suggesting Crown Prince Mohammed bin Salman's interest in the currency or the kingdom's intention to drive its price to $1 originate from social media posts and unofficial platforms, and lack any concrete evidence or confirmation from known Saudi governmental or investment entities.

It is important to note that the Kingdom of Saudi Arabia is taking a cautious stance towards cryptocurrencies. So far, there are no official regulations allowing the trading of cryptocurrencies within the kingdom, and regulatory authorities have warned about their risks, making it unlikely that the government would support a meme coin like $PEPE.

As for the "Saudi Pepe" project, it is an independent cryptocurrency launched on the Ethereum network, known as the Arabic version of the famous meme coin $PEPE. However, there is no official relationship between this project and the Saudi government, and it does not carry any license or official recognition within the kingdom.

✍️ There is no reliable evidence indicating that Saudi Arabia has invested in or supports the currency $PEPE. Therefore, it is advised to exercise caution and not rely on unverified rumors when making investment decisions in the cryptocurrency market.