step 1 of 6
opening a new document and in new layer gradient overlay is applied
step 2 of 6
create a text
step 3 of 6
applied Gaussian blur of small value to the text
step 4 of 6
liquified the text
step 5 of 6
new layer created applied filter>render>clouds..beld mode to vivid light..another new layer created >applied gradient in random with difference mode
step 6 of 6
changed text layer blend mode to screen and got the final image
Final result
