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The Golden Trump statue holding Bitcoin will appear in DC


Memecoiners rode a giant gold statue of President Donald Trump holding a Bitcoin outside the US capital as part of a pump.Fun Livestream Stunt on Wednesday, as an ODE to the President who supported the crypto.

The statue was placed opposite Union Square in Washington, DC, at the National Mall leading to Capitol Hill, which is also about a mile from the White House.

A website for this stunt is a tribute to “Trump’s relentless promise to advance the future of finance through Bitcoin and decentralized technology.

Unveiling statue is in conjunction with the Federal Reserve cutting interest rates In the first time this year by 25 points basis, usually seen as bullish for risky possession such as crypto, as it lowers the cost of borrowing money.

Trump embraced the crypto as he ran the President, leading the industry to keep his campaign. The president and his family deepened with their Crypto financial interests While in office, sparking conflict-of-interest concerns while Trump is not alone Oversight of regulation of the sector.

Trump’s Pro-Crypto organizers

Hichem Zaghdoudi, one of the statues of the statue, said This ABC 7News DC is “designed to ignite a conversation about the future of the government issued by the government and an intersection symbol between modern politics and innovative financial.”

Trump’s statue at the National Mall in Washington, DC, on Wednesday. Source: Donald J. Trump Golden Statue

“This is a statement, this is to show everyone that without the President, we could not have this mass of Bitcoin’s adoption, cryptocurrencies, of all these large institutions to buy Bitcoin,” Zagdduoudi said DC News now.

“It shows the future and this is our gratitude, our statement, to the President,” he added.

However, some may also argue that bitcoin (Btc) is in a bull market from at least late 2023, beginning with the Biden Administration, as the hype surrounding the approval of the regulation and the final launch of funds exchanged by Bitcoin exchange has pushed higher crypto because it was easier to use in institutional investors.

Statue made of foam, tied to pump.fun memecoin

The stunt’s arrangers, which most of them do not recognize, also created a Memecoin At the pump.fun, where they created some livestream aimed at boosting the token.

An arrangement said during a Livestream On Tuesday the statue was made from “super tough bubbles” to be light and manageable to handle.

Posts in the account of the organizers show a machine that carved the statue’s head and many people carrying the statue in the area.

The stream of the stream said the statue was 12 feet (3.6 meters) high and he hoped Trump was “walking out there and seeing it,” it seems unknown that the president is currently visiting the UK.

National Mall famous in statue protests

The Golden Trump statue is at least the third statue that appeared at the National Mall this year in reference to Trump, but apparently the president’s first support.

Related: Crypto executions have met with US lawmakers to discuss Bitcoin Reserve, Market Structure Bills

In June, an eight-foot (2.4-meter) tall statue called “Dictator approved” appeared on the strip, describing a giant golden hand that provides a thumb and crushing the Statue of Liberty crown. It was in protest of Trump’s highly criticized the military parade earlier.

Source: AFP

Later in the same month, a gold television decorated with a bald eagle appeared, showing a video of Trump’s dancing with a sex offender Jeffrey Epstein in the midst of his administration’s controversial U-turn on the release of Epstein’s so-called files.

Magazine: Crypto adventures of Trump’s crypto raises conflict of interest, insider trading questions