Inspired by the founder of WLFI, the nonsensical Meme coin SPSC surged 130% after receiving official endorsement from WLFI.

PANews, November 25 - According to The Block, on Monday, the cryptocurrency project World Liberty (WLFI), associated with U.S. President Trump’s family, announced an investment in the meme coin Sht Pss Skin Can (SPSC). According to DEX Screener data, the price of this token subsequently skyrocketed, rising at least 143%. It is reported that SPSC is a tribute to World Liberty co-founder Chase Herro. It is said that Herro stated in 2018 that as long as the story is told well, one could sell for “1 billion dollars.” WLFI posted on its official account on the X platform: “Buy SPSC, because meme coin market participants are finally starting to chase USD1. If they want to issue a token to commemorate our WLFI co-founder… we will join in.” Herro then retweeted this message along with a jar emoji. Following the post, the price of the SPSC token first rose and then fell. Currently, the token has risen 130% within the day, trading at approximately 0.0063 USD, with a market capitalization of 6.8 million USD. According to Arkham data, if the WLFI team truly intends to purchase SPSC tokens, it appears that the project has not yet started accumulating. The current value of the project's treasury exceeds 7.4 billion USD, of which 7.1 billion USD is in WLFI tokens.