BABY
Is Saudi Arabia playing a major role in the popularity of $PEPE? Know the truth! 👇
There are rumors circulating on social media that Saudi Crown Prince Mohammed bin Salman (MBS) is secretly buying the meme coin $PEPE in order to “take the crypto to the moon.” Some are even making wild predictions about its price, which could reach millions of dollars.
Currently, $PEPE is only worth 0.00001272 and is down 12.21%. These claims seem quite unrealistic — but in the crypto world, rumors can often cause big market moves.
Let's separate the facts from the rumors:
✅ There has been no official confirmation from the Saudi government or any government agency.
✅ No credible news source reported MBS' interest or investment in $PEPE.
✅ Blockchain data also found no evidence of any major wallet linked to Saudi Arabia purchasing $PEPE.
In short, there are only rumors circulating at the moment, but they have no confirmed basis. All this is another interesting but unproven story from the crypto world — fun to hear, but far from the truth.