SAUDI SQUID is a community-driven project with links to Telegram channels (English & Chinese), a website, and a Twitter presence. It appears related to the original SQUID meme coin, potentially inspired by its legacy and aiming for a similar market cap. The project emphasizes learning from past experiences, fair practices, transparency, and audited decentralized finance with potential for exchange listings. It seeks to revive the $SQUID concept with a focus on growth and explosive gains.