![\"Trump\u2019s](\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2026\/02\/TRUMP-PATRIOT-MEMECOIN.png\")
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A 15-foot statue of former U.S. President Donald Trump, cast in bronze and coated with gold leaf, has become central to the marketing of the PATRIOT memecoin, a token promoted through online MAGA-themed communities. The statue, known by supporters as \u201cDon Colossus,\u201d was commissioned after a group of crypto backers raised funds to pay for the sculpture and related installation work, to use the monument to attract attention to the coin.<\/span><\/p>\n The project\u2019s organizers positioned the statue as a public-facing symbol meant to drive interest in PATRIOT. Reports showed a launch period in late 2024 in which the token briefly rose in value during a wave of pro-crypto messaging from the American president, before weakening as the broader interest faded.<\/span><\/p>\n However, the Trump family <\/span>distanced<\/span><\/a> itself from any formal involvement with PATRIOT, even as Trump-related promotion circulated online.\u00a0<\/span><\/p>\n Last month, CNF <\/span>noted<\/span><\/a> that the former New York City Mayor Eric Adams released the NYC Token memecoin and marketed it as a means of financing blockchain education and social programs. This was followed by major liquidity withdrawals as indicated by on-chain data, which posed a question of centralization and investor risk.<\/span><\/p>\n Building and rollout plans were delayed due to intra-group wrangling with Ohio-based sculptor Alan Cottrill. Cottrill alleged that he was entitled to receive up to $75,000 relating to the intellectual property rights and the usage of the design in the promotional contents, which was one of the issues that led to delays in a scheduled public launch.<\/span><\/p>\n Separately, a steel-and-concrete pedestal was installed at Trump National Doral in Florida in January 2026, establishing the location set for an unveiling.<\/span><\/p>\n Incredible workmanship on the stone cladding of the pedestal. You can tell just how serious they\u2019re taking the significance of this statue.<\/p>\n We cannot wait to present the $PATRIOT<\/a> statue to @realDonaldTrump<\/a> and We\u2019d like to think pictures like this are getting him excited too!! pic.twitter.com\/qsUJGdkq1v<\/a><\/p>\n \u2014 Patriot Token (@Patriot_Erc20) January 21, 2026<\/a><\/p>\n<\/blockquote>\n While the statue continued to circulate in promotional posts, PATRIOT\u2019s market performance deteriorated, with reports describing a drop of more than 90% from earlier levels. In addition to the disputes around management and scheduling, interest in the token was pressured by the appearance of a competing Trump-branded <\/span>memecoin<\/span><\/a>, \u201cOfficial Trump,\u201d which drew attention away from PATRIOT during a key promotional window.<\/span><\/p>\nStatue Promotion, Payment Dispute, and a Delayed Unveiling<\/b><\/h2>\n
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