YEs you just need to layer some distorted pink or white noise or some HPassed sound with plenty of high harmonics on top of your low layer and then use multiband compression on the bass bus to get the high sitting nice but not too harsh. THere is also very subtle movement on the top layer which makes it roll nicely with the drums so you could automate some chorus or whatever on that noise layer or light sidechain it to the snare and that.
There are plenty of good free distortion/amp simulation/exciter/saturation etc vsts out there from third parties who have their own algorithms which can have nice results when combined so you don't need to buy expensive ones unless you can afford it.