I thought of it as well but I think the glitch effect works best with white because of the colours on the edges of font... If i was to give a suggestion to improve, it would be to add scan lines on it... that would be awesome.
Thank you!! , i will try to improve this style and upload soon. too bad I didn't save the PSD, the edit didn't take too much time tho. just wanted to make something new and original for the community.