Crypto stunt draws attention to Trump’s pro-Bitcoin stance amid Fed rate cut
A group of memecoin enthusiasts erected a 12-foot golden statue of President Donald Trump holding a Bitcoin near the US Capitol this week, turning heads in Washington, DC. The spectacle was organized by livestreamers on the platform Pump.fun and positioned on the National Mall, just opposite Union Square.
Tribute to Trump’s crypto advocacy
Organizers described the installation as a tribute to Trump’s “unwavering commitment to advancing the future of finance through Bitcoin and decentralized technologies.” The stunt comes as Trump has become increasingly vocal about his support for the crypto industry, which has, in turn, poured significant funding into his campaign.
Hichem Zaghdoudi, one of the organizers, said the project was intended to “ignite conversation about the future of government-issued currency and is a symbol of the intersection between modern politics and financial innovation.” Speaking to local media, he added: “Without the president, we could never have had this mass adoption of Bitcoin. This is our thank you, our statement, to the president.”
Foam-built statue linked to memecoin promotion
According to livestreams, the statue was constructed from “extremely hard foam” to make it easier to transport and assemble. Posts on social media showed the carving process, with teams carrying the massive figure into position. The unveiling was also tied to a new memecoin project on Pump.fun, with organizers using the livestreams to draw attention to the token.
Political symbolism and timing
The timing coincided with the Federal Reserve’s first interest rate cut of the year, a 25-basis-point move often viewed as positive for risk assets such as cryptocurrencies. While supporters linked the statue to Trump’s influence on Bitcoin adoption, critics noted that the crypto market’s bull run began under the previous administration, boosted by regulatory approvals for spot Bitcoin ETFs.
Part of a trend on the National Mall
This is not the first politically charged statue to appear on the National Mall this year, though it is among the few in support of Trump. Previous installations included satirical works protesting his policies and public appearances.
The golden Trump Bitcoin statue, however, highlights how crypto culture, politics, and internet-driven stunts are increasingly colliding in high-profile public spaces.
Disclaimer
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