Memecoiners Erect 12-Foot Golden Trump Statue Near White House to Celebrate Pro-Bitcoin Stance

A group of anonymous memecoin enthusiasts from Pump.fun has erected a towering 12-foot (3.6 meters) golden statue of Donald Trump in Washington, D.C., declaring their support for the president’s “unwavering commitment to advancing the future of finance through Bitcoin and decentralized technologies.”

The statue was placed just off Union Square along the National Mall, a symbolic stretch of walkway leading toward Capitol Hill, roughly a mile from the White House.

Shortly after its unveiling, one of the organizers even called on Trump to step outside his office and see the statue—seemingly unaware that the president was traveling in the United Kingdom at the time.

A Symbol of Trump’s Pro-Crypto Persona

According to co-organizer Hichem Zaghdoudi, the campaign was designed “to ignite conversation about the future of government-issued currency” while spotlighting the intersection of politics and financial innovation.

He described the statue as “a statement of gratitude,” crediting Trump for helping accelerate mainstream Bitcoin adoption.

"We could never have had this mass adoption of Bitcoin, of cryptocurrencies, of all these big institutions buying without the president. This is our thank you, our statement to the president."

The statue’s reveal came just as the Federal Reserve announced its first interest rate cut of 2025—a 25 basis point reduction widely viewed as bullish for risk assets like Bitcoin.

Supporters argue that Trump’s policies and rhetoric played a direct role in fueling Bitcoin’s rise.

Critics, however, note that the current bull market began in late 2023—under the Biden administration—when enthusiasm around spot Bitcoin ETFs triggered massive institutional inflows.

From Statue to Memecoin

The organizers also launched a Trump-themed memecoin alongside the unveiling to draw attention to their campaign. During a livestream, they revealed that the golden statue—despite its imposing presence—was actually constructed from “extremely hard foam” for portability.

Social media posts showed the intricate building process, including machines carving Trump’s likeness and a team moving the sculpture into place.

This marks the third Trump-related statue installed on the National Mall this year—but the first created in his support. In June, activists unveiled an eight-foot installation titled “Dictator Approved” that depicted a golden hand crushing the Statue of Liberty’s crown.

Later, another controversial statue featured a golden television displaying videos of Trump and Jeffrey Epstein.

This latest installation, by contrast, casts Trump as a symbolic champion of Bitcoin and decentralized finance—merging politics, meme culture, and financial activism in a highly visible stunt at the nation’s capital.

Did Trump Really Spark Bitcoin’s Rally?

While the golden statue and its backers credit Trump for fueling Bitcoin’s ascent, the reality is more complex.

Bitcoin’s bull run began well before Trump’s return to power, driven primarily by institutional adoption, the approval of spot ETFs, and growing macroeconomic uncertainty.

That said, Trump’s embrace of Bitcoin—through symbolic gestures, pro-crypto rhetoric, and even launching his own memecoin and stablecoin—has undoubtedly galvanized retail enthusiasm and added a political dimension to Bitcoin’s narrative.

Whether he was the cause or simply a catalyst, the Trump factor has amplified Bitcoin’s visibility in ways no other U.S. president has before.