$BNB Trump's empire for Bitcoin is expanding rapidly. Here's what’s happening :

- *

- *Token usage plans*: Trump plans to introduce a token for use in its ecosystem, including Truth Social, Truth+, and Truth.Fi. CEO Devin Nunes says this strategy is about financial freedom and protection from institutional bias.

- *Market reaction*: Trump's media stock rose by 6% after the announcement, but it has decreased by 25% since May when the strategy was first revealed. Investors seem astonished yet cautious.

- *Trump's ambitions in cryptocurrency*: Trump's pivot towards cryptocurrencies is notable. From describing Bitcoin as a "scam", he has now strongly leaned towards digital assets as part of his business strategy and his 2024 campaign.

Trump's moves in the cryptocurrency space position him as a Bitcoin-supporting candidate and an opponent of central bank digital currencies. His bet on Bitcoin could yield political and financial returns if the market performs well. However, critics see risks in his aggressive approach.