Meme Coin Enthusiast Erects Gold Statue of Bitcoin in Honor of Trump Near US Capitol

BlockBeats News, September 18th, this Wednesday, meme coin enthusiasts pulled off a stunt during a live broadcast on Pump.fun, placing a giant gold statue of President Donald Trump holding a Bitcoin outside the United States Capitol Building as a tribute to this crypto-friendly president. The statue was erected across from Union Square in Washington, D.C., located on the National Mall leading to Capitol Hill, about a mile away from the White House.

The event's website stated that this action was a tribute to Trump's unwavering commitment to "paving the way for the financial future through Bitcoin and decentralized technology." As the statue was unveiled, the Fed cut interest rates by 25 basis points for the first time this year, which is typically seen as a positive for risk assets like cryptocurrencies due to the reduced cost of borrowing.

The organizers emphasized Trump's pro-crypto stance, with one of the statue's organizers, Hichem Zaghdoudi, telling ABC 7News DC that the statue "aims to spark a discussion about the future of government-issued money and is a symbol of the intersection of modern politics and financial innovation."