Irreverent memecoin inspired by World Liberty founder rallies 130% after Trump-connected crypto project’s endorsement
World Liberty Financial co-founder Chase Herro's irreverent statement that even canned feces will sell to the right audience is being put to the test.
On Monday, World Liberty, the crypto project linked to President Donald Trump's family, said it would invest in the "Sh*t P*ss Skin Can" memecoin — briefly causing the token to surge at least 143%, according to DEX Screener data.
SPSC is reportedly an homage to Herro, who reportedly said in 2018 even "sh*t in a can, wrapped in p*ss, covered in human skin" could sell for "$1 billion if the story is right."
"Buying $SPSC because the trenches finally found religion in USD1 memes," World Liberty posted from its official account on X. "If they’re gonna make a coin in honor of our WLFI Co-Founder… we’re in 🦅☝️" Herro later reposted the message, along with an emoji of a can.
The memecoin rallied following the post before flushing out. It is currently up 130% on the day, trading hands around $0.0063 with a $6.8 million market capitalization.
If the World Liberty team is sincere about its intention to purchase SPSC tokens, it does not appear that the project has begun stockpiling, according to Arkham data. The project's treasury is currently valued at over $7.4 billion, of which $7.1 billion is parked in WLFI tokens.
SPSC is a Solana-based memecoin that was created using the Bonk.fun token launchpad in early November. The SPSC community, including traders known for spending time in the memecoin "trenches" like @MarcellxMarcell, has positioned the token as part of the World Liberty ecosystem, in part because its main trading pair is World Liberty’s USD1 stablecoin.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
You May Also Like
Valour launches bitcoin staking ETP on London Stock Exchange
USDT Transfer Stuns Market: $238 Million Whale Movement to Bitfinex Reveals Critical Patterns
