As part of Pump.fun’s livestream stunt, Memecoiners placed a huge golden statue depicting President Donald Trump with a Bitcoin in front of the US Capitol on Wednesday. It was an ode for the president who supports crypto.
The statue, located just off Union Square, Washington, DC, was erected on the National Mall, which leads up to Capitol Hill, about one mile away.
Website for the stunt stated that it was an homage to Trump “unwavering commitment to advancing the future of finance through Bitcoin and decentralized technologies.”
It was timed to coincide with the Federal Reserve’s 100th anniversary. cutting interest rates For the first time in this year, the interest rate on borrowing money fell by 25 basis points. This is usually seen as a positive for crypto assets, since it reduces their cost.
Trump’s campaign was funded in large part by cryptocurrency. The President and his Family have Deepened Their Relationship financial interests in crypto Trump’s unwinding has raised concerns about conflict of interest. regulatory oversight Sectors
Organisations praise Trump for his cryptostance
Hichem Zaghdoudi is one of those who organised the statue. told ABC 7News DC it was “designed to ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation.”
“This is a statement, this is to show everybody that without the president, we could never have had this mass adoption of Bitcoin, of cryptocurrencies, of all these big institutions buying Bitcoin,” Zaghdoudi told DC News Now
“It shows that’s the future and this is our thank you, our statement, to the president,” He added.
Some people might also claim that Bitcoin is a currency (BTCThe crypto market has experienced a bull run since the Biden administration. This was due to the excitement surrounding regulatory approvals, and eventually the launch of Bitcoin spot exchange traded funds.
Statue of foam tied to Pump.fun Memecoin
Most of the organizers, who are mostly anonymous, have created a memecoin On Pump.fun, they created several livestreams to increase the token.
A spokesperson for a organiser said that during the a livestream On Tuesday, the statue was manufactured from “extremely hard foam” Make it lighter and easier to manage.
The organisers’ X Twitter account has posted pictures of a carving machine and multiple people carving out the head. carrying The statue is now in place.
Bring the heat to irl👀#DJTGST pic.twitter.com/KQ0Cwe1kdp
— Donald J. Trump Golden Statue (@djtgst) September 15, 2025
According to the organizer, Trump is expected to attend the event. “walk out there and see it,” It is not known that President Obama currently visits the UK.
National Mall is famous for its statue protests
Golden Trump Statue is at least third statue that has appeared on National Mall for Trump this year, but appears to be first to support the President.
Related: Crypto execs met with US lawmakers to discuss Bitcoin reserve, market structure bills
The statue, which stands at eight feet tall (2.4 meters), was unveiled on June 1. “Dictator Approved” The strip featured a golden giant hand that gave a thumbs up and crushed the Statue of Liberty’s crown in protest of Trumps military parade, which had been widely criticized days before.
A gold TV adorned with an eagle bald appeared later that month. It showed a video showing Trump dancing with Jeffrey Epstein, the convicted sexual offender, amid controversy surrounding his controversial U-turn regarding the release of more so-called Epstein Files.
Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions
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Source: cointelegraph.com
