A giant statue in gold of Donald Trump, holding a Bitcoin was placed outside the US Capitol Wednesday as part of Pump.fun’s livestream. This act of defiance to Trump’s crypto-loving supporter.
The statue, located just off Union Square, Washington, DC, was situated on the National Mall, which leads to Capitol Hill, about one mile from the White House.
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 The cost of borrowing money has fallen for the first year in a row by 25 basis point, which is typically seen as favourable for high-risk assets such as crypto.
Trump accepted crypto during his run for president, leading to the massive funding of his campaign by the cryptocurrency industry. The President and his Family have Deepened Their Relationship financial interests in crypto Trump unwinds his business empire while still in office. This raises conflict of interest concerns. regulatory oversight Sectors
Organisers highlight Trump’s support for crypto
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.
Bitcoins (also known as Bitcoins) are a form of digital 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.
Pump.fun Memecoin Statue of foam tied with Pump.
Most of the organizers, who are mostly anonymous, created also a memecoin They created several streams to help boost tokens on Pump.fun.
Unknown organizer stated 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 the statue. carrying Place the statue in its proper place.
Bring on the heat👀#DJTGST pic.twitter.com/KQ0Cwe1kdp
— Donald J. Trump Golden Statue (@djtgst) September 15, 2025
On the stream, the organiser stated that the statue was 12 feet tall (3.6 meters). He hoped Trump will attend. “walk out there and see it,” It is not known that President Obama currently visits the UK.
National Mall renowned for protests against statues
This is the golden Trump statue, which appears to be the first statue in support of Trump. It’s at least the third Trump-related statue on the National Mall in this year.
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. The strip was created in response to Trump’s heavily criticized military display days earlier.
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
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cointelegraph.com
