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Giant Golden Trump Statue With Bitcoin Sparks Debate in Washington, D.C.
A giant golden statue of President Donald Trump holding a Bitcoin appeared outside the U.S. Capitol on Wednesday, sparking both curiosity and controversy. The stunt was organized by memecoin creators on Pump.fun as part of a livestream event celebrating Trump’s pro-crypto stance.
A Tribute to Trump’s Crypto Advocacy
The statue, placed near Union Square on the National Mall in Washington, D.C., stands 12 feet (3.6 meters) tall and faces Capitol Hill. According to a dedicated website, it was unveiled as a tribute to Trump’s “unwavering commitment to advancing the future of finance through Bitcoin and decentralized technologies.”
Organizers say the goal was to spark debate about the role of crypto in modern politics. “This is a statement, to show everybody that without the president, we could never have had this mass adoption of Bitcoin,” co-organizer Hichem Zaghdoudi told local media.
Foam Statue, Memecoin Tie-In
Despite its imposing appearance, the statue is not solid gold but made of “extremely hard foam” to keep it light and transportable. Social media posts from the group show the statue being carved and carried into place. Alongside the unveiling, the organizers launched a memecoin on Pump.fun, streaming the stunt to drum up attention for their token.
Symbolism Meets Timing
The statue’s arrival coincided with the Federal Reserve’s first interest rate cut of 2025, a 25 basis-point move often viewed as bullish for crypto markets. Trump’s presidency has been marked by deep ties to the crypto industry, with his campaign receiving significant funding from the sector.
Still, critics point out that Bitcoin’s bull run began in late 2023 under the Biden administration, driven largely by the approval of spot Bitcoin ETFs.
Protests and Politics on the National Mall
The golden Trump figure is the third statue referencing Trump on the National Mall this year—but notably the first in support of him. Previous installations, including a golden hand crushing the Statue of Liberty’s crown and a gold TV showing Trump with Jeffrey Epstein, were meant as protests.
This latest installation instead frames Trump as a symbol of crypto adoption and financial innovation, even if the president himself is currently overseas in the UK.
