Melania Token Surges as WLFI Plans $1.5B Treasury Fund
Melania Token surged 14% this week to reach $0.22, pushing its market cap above $190 million after World Liberty Financial (WLFI) announced a USD1 loyalty rewards program and plans for a $1.5 billion treasury fund. The loyalty program will reward USD1 stablecoin holders with points for trading and balance milestones via exchange partnerships, while the proposed WLFI treasury fund aims to attract institutional investment under a new public company structure. WLFI, the DeFi venture backed by former President Trump, also plans a crypto lending platform powered by its USD1 token. From a technical perspective, Melania Token has broken key resistance at the 50-day moving average ($0.224) and is testing the upper Bollinger Band near $0.23, with RSI at 52.7 — suggesting room for further gains. A sustained close above $0.23 could target $0.258 and $0.285, while a drop below $0.224 risks a pullback toward $0.19.
Bullish
The news is bullish because WLFI’s introduction of a USD1 loyalty rewards program and the proposed $1.5B treasury fund are likely to drive demand for both the Melania Token and WLFI token. Such high-profile backing boosts investor confidence, similar to past events where large treasury reserves (e.g., Binance’s BTC treasury) supported token price stability and growth. Additionally, the technical breakout above the 50-day MA and upper Bollinger Band indicates strong upward momentum. In the short term, traders may chase the rally toward targets at $0.258 and $0.285. In the long term, WLFI’s institutional fund and DeFi product developments could underpin sustained growth in market cap and liquidity.