Rumors have been circulating about Saudi Arabia's investment in the $PEPE cryptocurrency.

According to an article published in Binance Square on May 16, 2025, a leaked report from a digital analytics center affiliated with the Saudi Authority would indicate that specific Saudi investment funds have begun to inject an estimated initial liquidity of 50 million Saudi riyals (about $13.3 million) into the PE currency. The article suggests that this initiative is part of Saudi Arabia's Vision 2030, which aims to diversify national revenue streams and explore high-risk, high-yield growth sectors. He also mentioned that the Kingdom's entry into this sector could be an attempt to link the local economy to global digital transformations in an unconventional way.

However, another article in Binance Square on May 16, 2025, indicates that there is no reliable evidence to support this claim and that Saudi Arabia's investments in the cryptocurrency sector, if any, will likely focus on more stable assets that match their goals.

In summary, there are rumors and speculations, but no official confirmation or concrete evidence that Saudi money is massively behind the $PEPE E. The information available is contradictory.