Lorenzo Sewell, a senior Evangelical pastor at 180 Church in Detroit, Michigan, who gave a passionate invocational prayer at President Donald Trump’s inauguration, immediately promoted a memecoin after giving his speech.
On his official X page, “Pastor Zo” told his followers to buy his official cryptocurrency called $LORENZO, appearing to promote the token not long after he gave his prayer.
The coin is being sold on the Solana blockchain and open trading can be tracked here.
“The crypto community was kind enough to send me $Lorenzo,” the preacher in a post, “so I have permanently locked my tokens into a Liquidity Pool, so that I will never sell on the community but rather just earn fees as our token continues to flourish! Amazing day, all the Glory to God!,” he added.
Zo said in the accompanying video:
I want to be able to see politics become manifest not just in a way where we’re praying over political gatherings, but where we are seeing us become the hands and the feet of the Lord Jesus Christ.
Would you help me, would you help us in this endeavor, would you go and purchase the coin in order for us to do what we need to do in the ministry. We do transportation, housing, education, we heal medical, mental and dental illnesses.
I need you to do me a favor and go and get that coin in order for us to accomplish the vision that God has called us to do in our earth. I give God glory for what he has done, but we know that [Martin Luther] King’s dream can only be fulfilled is we acknowledge that people are living in a nightmare. So here’s your opportunity-
However, seemingly like many most memecoins, this too has all the markings of a conventional pump & dump “rug pull” scam, per the trading volume on Dex Screener.
According to the 180 Church website,
“Lorenzo Sewell was born and raised in Detroit, MI. He grew up in a physically and verbally abusive home. High school was a challenge emotionally with his father going to prison and his younger brother being killed. As a result, Lorenzo became heavily involved in drugs and drug dealing, ultimately becoming a gang leader. Though his life started out rough, God had great plans for Lorenzo. On April 18th, 1999 during his senior year at Fraser High School he had a ‘Damascus Road’ encounter with Christ that set his heart on fire!”
Pastor Zo’s rug pull comes just mere days after President Donald Trump launched his own memecoin called $TRUMP, followed by First Lady Melania, including youngest son Baron and Trump’s daughter Ivanka, along with Elon Musk. Those coins, too, bear all the trappings of a rug pull.
AUTHOR COMMENTARY
Typical megachurch, Charismatic and Evangelical slime; no conviction, no fear of God whatsoever in fleecing their congregations, and using religion and a Book that they don’t even believe in to get rich. That’s all American Churchianity is.
2 Peter 2:1 But there were false prophets also among the people, even as there shall be false teachers among you, who privily shall bring in damnable heresies, even denying the Lord that bought them, and bring upon themselves swift destruction. [2] And many shall follow their pernicious ways; by reason of whom the way of truth shall be evil spoken of. [3] And through covetousness shall they with feigned words make merchandise of you: whose judgment now of a long time lingereth not, and their damnation slumbereth not.
The madness has not stopped… I have warned that what Trump and his family are doing sets an absolutely terrible precedent, that a man who appoints the heads of the federal law of the land, is now openly promoting crypto scams. It’s open season now.
But to make matters worse, and mark this down, you are now going to see a FLOOD of these hirelings and charlatans all across America begin embracing crypto for “church donations” and “charity drives,” and start selling NFTs with Bible verses on them, along with prayer cards, and the return of “digital indulgences.” Mark it down.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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Shameful.
This is akin to Topps, Fleers, Goudey Baseball Cards with a stick of bubblegum inside. Only difference is . . . you got some gum to chew and card to trade.
As for MLK . . . https://dfreality.substack.com/p/mlk-hero-huckster-or-heretic?utm_source=post-email-title&publication_id=1240700&post_id=155257437&utm_campaign=email-post-title&isFreemail=true&r=12aqse&triedRedirect=true&utm_medium=email
Not a whole lot of difference, in my opinion, between the dollar and Crypto relative to reality. At least a dollar can revert to its intrinsic value (paper) not sure what the intrinsic value of Crypto is. The world sure wants us to believe it has value. Charles Ponzi would have been so proud…
In reality, they are not too different, other than one is tangible and the other is not; and that alone means someone can control and track it all easier versus paper. They need to get the public used to using it on a broader scale before they totally phase-out cash and go all-in stablecoin and CBDCs.
He sure would have been proud! (Ponzi)
So shameful, not one of um has a conscience, oh well they did, but it was seared a long time ago,
1Ti 6:9 But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition.
1Ti 6:10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
It seems as though they always bust and break the most important verses in scripture.
Simply put: a bunch of thieven crooks, full of greed.
This is the most clear, obvious, blatant evil and coveteousness.
Matthew 6:24 ¶ No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon.
5) Perverse disputings of men of corrupt minds, and destitute of the truth, supposing that gain is godliness: from such withdraw thyself.
1 Timothy 6:5
These hirelings, charlatans, and nicolaitans – all ministers of Satan make me sick, they’ll do anything for a fast buck all in the name of religion.
These worthless false shepherds wouldn’t work a normal job if their next breath depended on it! They never worked a day in their lives, they have female hands!
If you put a broom or a shovel or a drill in their hands, they’d flinch and freak out like if you put a tarantula in their hands. It’s like they have a phobia of work of any kind big or small!
Well guess what: God’s judgement begins at His house (SEE: 1 Peter 4:17) and the seats or pews will be empty, the offering buckets will be bare, and you will give an account for your so-called ministries!