Zimbabwe’s Digital Currency Presents Growth Opportunity For Big Eyes Coin & Dogecoin

Zimbabwe's central bank is set to issue a gold-backed digital currency as legal tender in the country. This move is aimed at stabilizing the local currency against the US dollar.

As crypto communities prepare for meme coin season, investors and meme coin lovers are looking for the next 100x meme coin pump or a project that can rival Dogecoin (DOGE) or Shiba Inu (SHIB). This article will examine Zimbabwe's digital currency's impact on cryptos like Big Eyes Coin (BIG) and the benefit of adopting digital currencies.

Zimbabwe Says Yes to Digital Currencies

Zimbabwe's government is taking a significant step in embracing digital currencies by issuing a gold-backed digital currency as legal tender in the country. This move aims to stabilise the local currency from continued depreciation against the US dollar.

The country's central bank hopes that this digital currency will increase financial inclusion, promote financial stability, and reduce the cost of financial transactions. Zimbabwe's digital currency is backed by gold, which gives it a stable value and provides an alternative to traditional fiat currencies.

Dogecoin – The Meme Coin that Started it All

Dogecoin, created as a joke by two software engineers in 2013, has become a cultural phenomenon. Its popularity surged when Elon Musk started tweeting about it, and it gained even more attention when it was added to Coinbase, a major cryptocurrency exchange.

Although it began as a joke, Dogecoin has proven its utility by being used to fund charitable causes and even sponsoring a NASCAR driver. However, Dogecoin's value has been highly volatile, and its future potential hinges on its plans to create a sustainable ecosystem.

Big Eyes Coin: The Meme Coin of the Future

Big Eyes Coin is a meme coin that is in presale and the project's goal is to create a meme coin with real utility that can benefit both the holders and the wider community. The coin is designed to support different use cases, including hosting DeFi projects, supporting charity projects, giving rewards to holders, and promoting community development.

The Big Eyes presale has seen it bring in more than $34 million, and the record haul is a testament to the confidence investors have placed in the project. The project has kept its presale exciting by offering Loot Boxes, where users can get bonuses and BIG tokens on their purchases.

The project has stated that its goal is to create the simplest crypto ecosystem to host DeFi projects and facilitate the transfer of wealth from the traditional financial system to the DeFi.

Key Takeaways

The Reserve Bank of Zimbabwe's decision to introduce a gold-backed digital currency is a significant step towards embracing digital currencies. This move will help stabilise the local currency, increase financial inclusion, and reduce the cost of financial transactions.

Similarly, meme coins like Big Eyes Coin have the potential to provide real utility and value to holders and the wider community. As crypto communities prepare for meme coin season, it is essential to consider projects like Big Eyes Coin that have a clear roadmap and support different use cases.

Remember June 3, 2023, because this is when Big Eyes Coin will conclude its presale. If you're yet to join the bandwagon, this might be your last chance to earn an early bird advantage.