PANews reported on November 25th that World Liberty (WLFI), a crypto project associated with the Trump family, announced on Monday that it would invest in the Meme coin Sht Pss Skin Can (SPSC). According to DEX Screener data, the token's price immediately surged, rising by at least 143%. SPSC is reportedly a tribute to World Liberty co-founder Chase Herro. Herro is rumored to have stated in 2018 that a well-told story could sell for "$1 billion." WLFI posted on its official X platform account: "Buying SPSC because Meme coin market participants are finally starting to chase USD1. If they're going to issue a token commemorating our WLFI co-founder…we're in." Herro subsequently retweeted this message with a jar emoji. Following the post, the SPSC token price initially rose and then fell. Currently, the token is up 130% on the day, trading at approximately $0.0063, with a market capitalization of $6.8 million. According to Arkham data, if the WLFI team truly intends to purchase SPSC tokens, the project does not appear to have begun accumulating them yet. The project's treasury currently holds over $7.4 billion in value, of which $7.1 billion is in WLFI tokens.PANews reported on November 25th that World Liberty (WLFI), a crypto project associated with the Trump family, announced on Monday that it would invest in the Meme coin Sht Pss Skin Can (SPSC). According to DEX Screener data, the token's price immediately surged, rising by at least 143%. SPSC is reportedly a tribute to World Liberty co-founder Chase Herro. Herro is rumored to have stated in 2018 that a well-told story could sell for "$1 billion." WLFI posted on its official X platform account: "Buying SPSC because Meme coin market participants are finally starting to chase USD1. If they're going to issue a token commemorating our WLFI co-founder…we're in." Herro subsequently retweeted this message with a jar emoji. Following the post, the SPSC token price initially rose and then fell. Currently, the token is up 130% on the day, trading at approximately $0.0063, with a market capitalization of $6.8 million. According to Arkham data, if the WLFI team truly intends to purchase SPSC tokens, the project does not appear to have begun accumulating them yet. The project's treasury currently holds over $7.4 billion in value, of which $7.1 billion is in WLFI tokens.
SPSC, a quirky meme coin inspired by the founder of WLFI, surged 130% after receiving official endorsement from WLFI.
PANews reported on November 25th that World Liberty (WLFI), a crypto project associated with the Trump family, announced on Monday that it would invest in the Meme coin Sht Pss Skin Can (SPSC). According to DEX Screener data, the token's price immediately surged, rising by at least 143%. SPSC is reportedly a tribute to World Liberty co-founder Chase Herro. Herro is rumored to have stated in 2018 that a well-told story could sell for "$1 billion." WLFI posted on its official X platform account: "Buying SPSC because Meme coin market participants are finally starting to chase USD1. If they're going to issue a token commemorating our WLFI co-founder…we're in." Herro subsequently retweeted this message with a jar emoji. Following the post, the SPSC token price initially rose and then fell. Currently, the token is up 130% on the day, trading at approximately $0.0063, with a market capitalization of $6.8 million.
According to Arkham data, if the WLFI team truly intends to purchase SPSC tokens, the project does not appear to have begun accumulating them yet. The project's treasury currently holds over $7.4 billion in value, of which $7.1 billion is in WLFI tokens.
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