Cryptocurrency collapsed by 90%, but Trump's gold-plated “Don Colossus” will stand

A lavishly gold-plated, 4.5-meter statue of Donald Trump, called Don Colossus, will be placed on the US president's golf course in Florida. A group of cryptocurrency investors invested PLN 300,000 for this project, which is intended to promote the $PATRIOT meme coin. dollars. – The New York Times reported on Tuesday.

The bronze monument is almost two stories high and is covered with a “thick layer” of gold – at Trump's own request. The president intends to take part in the ceremonial unveiling of his image, but it is not yet known when this ceremony will take place.

In December, Trump wrote on social media that the statue “LOOKS FANTASTIC.”

The daily reminds that almost every investor in cryptocurrencies is trying to make the most of the presidency of Trump, who promised to make the USA the “crypto capital of the planet”.

The action of investors who donated funds for the gold-plated monument was also a form of promotion of the $PATRIOT meme coin, the price of which dropped by 90% at the end of January. – explains “NYT”.(PAP)

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