đ±đ„The pastor who sang at Trump's inauguration launches the Memecoin LORENZO
The pastor who performed at the inauguration of former President Donald Trump has introduced his memecoin, aptly named #LORENZO. Priced at $0.0002882, $LORENZO has already generated significant interest, recording a jump of 18.871% in 2 hours with a market capitalization of $314,430 and a notable trading volume of $38.62 million in 24 hours.
It's not easy for $LORENZO to stand out in a sea of memecoins, but its origin story and the pastor's association with a celebrity seem to be creating a buzz. The coin's launch followed a series of memecoins linked to political (and public) figures, raising questions in the market.
The launch of the memecoins $TRUMP and $MELANIA linked to Donald Trump and Melania Trump has recently caused a stir in the cryptocurrency world. After the launch of $TRUMP, it reached a market capitalization of $19 billion before the buzz was hijacked when Melania Trump announced she would launch $MELANIA, her memecoin.
The emergence of the latter generated confusion and a rush to enter triggered by the FOMO phenomenon (fear of missing out), losing $7.5 billion in value within less than 10 minutes.
