The reaction to his post was not exactly warm, with lawyer Ari Cohn tweeting: "đ¶Look at this grift, isn't it neat? Wouldn't you say God's debasement's complete? đ¶"
After a very brief spike in token price, the memecoin collapsed.
Trump inauguration pastor launches memecoin that tanks by over 90%
Reverand Lorenzo Sewell, a pastor and vocal Trump supporter who delivered the benediction at Donald Trump's inauguration, followed in his hero's footsteps by trying to shill a memecoin to his followers. In a video posted to Twitter hours after his speech, in which he seemed to still be wearing the same outfit, Sewell urged: "I need you to do me a favor right now. I need you to go buy the official Lorenzo Sewell coin."