Rev. Lorenzo Sewell, a Detroit pastor known for his fiery sermons and involvement in Donald Trump’s presidential campaign, has introduced a new cryptocurrency named $Lorenzo. The announcement followed his high-profile prayer at Trump’s inauguration, which coincided with Martin Luther King Jr. Day. Sewell called on supporters to buy $Lorenzo to help fund his ministry, tying the project to a message of hope and transformation.
A Controversial History
Sewell, once a gang leader in the 1990s, turned to religion after a spiritual awakening in 1999. He served as pastor of the 180 Church, where his political views and support for Trump caused significant tensions. His alignment with Trump’s campaign grew in 2024, leading to his prominent role during the inauguration.
The $Lorenzo Meme Coin
Sewell launched $Lorenzo as a charitable initiative, claiming the tokens are permanently locked in a liquidity pool to generate fees for growth. However, the project faced intense backlash online. Critics drew parallels to the controversy surrounding Trump and Melania’s recently launched meme coins, accusing $Lorenzo of being a cash grab disguised as a charitable effort.
Despite the criticism, Sewell defended the coin, urging supporters to rally behind his vision of combining ministry and cryptocurrency. The pastor’s bold move adds another chapter to his eventful journey, blending faith, politics, and blockchain in a way that has sparked both admiration and outrage.
