$PEPE : Saudi Backing or Just Hype?

Rumors of Saudi Arabia—specifically MBS—supporting $PEPE are intriguing, but there’s no solid evidence to confirm this. If true, such backing could boost market confidence, drive adoption, and push meme coins further into mainstream finance. However, the idea of PEPE reaching $1 remains highly unrealistic.

Currently priced at $0.00000751, hitting $1 would require over 136,000x growth, pushing its market cap into the quadrillions—far beyond the total value of all global assets. Even with substantial backing, such a surge is implausible.

That said, meme coins have surprised before—Dogecoin and Shiba Inu are prime examples. While short-term hype-driven spikes are always possible, long-term sustainability remains uncertain.

So, is Saudi interest in $PEPE

more than just speculation, or is this another crypto myth? #PEPE