‘Don Colossus,’ a Golden Statue of President Trump, Waits for Its Home
The New York Times • • general
Key Points:
- A 15-foot-tall golden statue of President Trump, called "Don Colossus," was created by cryptocurrency investors who paid $300,000 for the bronze and gold-leaf sculpture as a tribute to Trump’s support of crypto.
- The statue is used to promote a memecoin named $PATRIOT, a speculative cryptocurrency tied to internet hype and Trump’s celebrity status.
- The statue’s pedestal was recently installed at Trump’s golf complex in Doral, Florida, with plans for Trump to attend the unveiling, according to organizer Pastor Mark Burns.
- The $PATRIOT project is one of the more audacious attempts by crypto backers to profit from the Trump presidency, leveraging his influence and public persona in the volatile memecoin