Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. Participate Now! 🔥
Key Takeaways
Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. Participate Now! 🔥
A group of cryptocurrency supporters installed a gold-painted figure of Donald Trump holding Bitcoin
The figure appeared on the National Mall, opposite Union Square in Washington, DC, not far from Capitol Hill and the White House.
Organizers described the display as a tribute to Trump’s support of digital currency and decentralized finance (DeFi).
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is Aurora in Crypto? NEAR Protocol Token Explained (ANIMATED)
One of the organizers, Hichem Zaghdoudi, spoke to ABC 7News DC that the statue was meant to spark public conversation about the role of traditional currencies versus decentralized alternatives. He described the project as a symbol of how financial trends and political leadership are beginning to overlap.
In another interview, Zaghdoudi said the display was a message of gratitude to Trump. He claimed the president’s influence helped pave the way for wider acceptance of Bitcoin and cryptocurrency by major institutions.
The group also launched a meme coin on Pump.fun and hosted several livestreams to raise awareness and gain interest in the token.
During one of the livestreams, an organizer mentioned that the statue was made from a type of dense foam. This made it easier to carry while maintaining a solid appearance.
Posts from the group on X showed a machine carving the statue's head and several people moving the piece into place.
Recently, City workers in Lugano, Switzerland, recovered broken parts of a statue meant to honor Satoshi Nakamoto, Bitcoin’s creator. How? Read the full story.
To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.