The statue unveiling is a symbolic gesture. while it reinforces bitcoin's cultural presence, it doesn't directly drive significant price changes.
The news reports a real event (statue unveiling) and references credible sources like satoshigallery's twitter and arkham data.
While the article mentions bitcoin's price is climbing, the statue unveiling itself is not a primary driver of that movement. any correlation is likely coincidental.
The unveiling may generate some immediate buzz and social media activity, but its long-term impact on price is minimal.
Cover image via www.freepik.com Read U.TODAY on Google News A third statue honoring the mysterious Bitcoin creator, Satoshi Nakamoto , has just been unveiled in Tokyo, Japan, and right in front of a well-known Bitcoin-themed mural, too. The sculpture by Satoshigallery looks just like statues that have been shown in Lugano, Switzerland, and El Zonte, El Salvador - pretty minimalist, with a figure wearing a hood and using a laptop made of vertical metal slats. Advertisement The Tokyo statue is a symbol of Bitcoin's early idea. Japan has always been a big part of Bitcoin's early story. Nakamoto's name suggests he is Japanese, and the early Bitcoin activity is linked back to the country. Related Thu, 04/24/2025 - 05:48 Top Satoshi Candidate Slams Ripple Alex Dovbnya HOT Stories New Satoshi Nakamoto Statue Hits Japan Just as Bitcoin Price Reaches $95,000 Swiss National Bank Head Rejects Bitcoin Strategy and Saylor Follower Announces New Bitcoin Purchase Michael Saylor Reacts to Bitcoin Price Topping $95,000 with 3 Key Bullish Words Earlier this month, the coastal town of El Zonte, El Salvador - also known as "Bitcoin Beach" - became home to the second Nakamoto statue. It resembles the one put up earlier in Lugano, Switzerland , a city that has been leading the way with Bitcoin-based public services and financial projects. Advertisement The third Statue of Satoshi Nakamoto was just unveiled in Tokyo! Here is the location 🇯🇵 Tokyo, Japan: https://t.co/Zn32sYZsCK Images create culture Culture shapes values Values influence the future We are all Satoshi! https://t.co/HcBAtmxSKL pic.twitter.com/2Rgw05OQjq — Satoshigallery (@satoshigallery) April 25, 2025 Even though the three statues are thousands of kilometers apart, they have a unified message, with people around the world recognizing the cryptocurrency creator's impact on ideology and culture, as well as his financial impact. Related Wed, 04/23/2025 - 12:14 Satoshi Back to $100 Billion Club as Bitcoin Can't Stop Growing Gamza Khanzadaev The unveiling in Tokyo has garnered a lot of attention in the crypto space, especially with Bitcoin's price climbing toward $95,000. Right now, according to data by Arkham, Satoshi Nakamoto's known holdings are worth about $103.57 billion. That is based on the Patoshi mining pattern and the blockchain analytics firm's estimates. The event also got some attention from Paolo Ardoino, CEO of Tether, who co-signed the Tokyo announcement with a retweet on X. #Bitcoin #Bitcoin News