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A project grown out of the community's love and passion for the weed culture. Launched around early 2025, $weedcoin, “Like Bitcoin but way higher,” emphasizes its alignment with cannabis culture and a laid-back vibe. Unlike other Weed communities, this project leans heavily into community engagement over technical utility, aiming to build a “stoner community” through social media presence and decentralized governance. We also aim to focus on onboarding web2 businesses and users onto web3 through the token.

Weedcoin

Weedcoin is trending as the 'number one culture coin,' generating community buzz around its potential. Discussions highlight Weedcoin as more than just a cryptocurrency; it's viewed as a cultural movement and a lifestyle. With the tagline "Like Bitcoin But Way Higher", Weedcoin aims to revolutionize digital currency through innovation, relaxation, and freedom.

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.  Bitcoin is changing the way we see money as we speak. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way. It is a decentralized peer-to-peer internet currency making mobile payment easy, very low transaction fees, protects your identity, and it works anywhere all the time with no central authority and banks.  Bitcoin is designed to have only 21 million BTC ever created, thus making it a deflationary currency. Bitcoin uses the SHA-256 hashing algorithm with an average transaction confirmation time of 10 minutes. Miners today are mining Bitcoin using ASIC chip dedicated to only mining Bitcoin, and the hash rate has shot up to peta hashes.  Being the first successful online cryptography currency, Bitcoin has inspired other alternative currencies such as Litecoin, Peercoin, Primecoin, and so on.  The cryptocurrency then took off with the innovation of the turing-complete smart contract by Ethereum which led to the development of other amazing projects such as EOS, Tron, and even crypto-collectibles such as CryptoKitties.

Bitcoin

Bitcoin is trending as the community anticipates a potential surge driven by the historical performance of "Uptober" and speculation around pending ETF approvals. Discussions also highlight the potential impact of the government shutdown, with some viewing Bitcoin as a safe haven amid economic uncertainty. Some users are highlighting specific crypto stocks to watch for potential growth.

Bitmine Immersion Technologies, Inc. is a blockchain technology company, which engages in industrial scale digital asset mining, equipment sales, and hosting operations. It operates through the Cryptocurrency Mining Industry segment. The company was founded on August 16, 1995 and is headquartered in Las Vegas, NV.

BitMine Immersion Technologies Inc

Bitmine Immersion Technologies Inc

BMNR is trending amid positive sentiment around Ethereum, with the community anticipating a potential rally and discussing the company's growing ETH holdings. Talk of a government shutdown and its potential impact on crypto is circulating, with some expecting BMNR to benefit. Technical analysis and predictions of significant price increases are also contributing to the heightened interest.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

Conversations around DJT are currently focused on the U.S. government shutdown and its potential impact, with community members debating which party is responsible. Some are discussing Trump's recent statements and actions, including those related to the military and trade, and how they might affect the stock. There's also discussion around the proposed TrumpRx initiative and its potential impact on the pharmaceutical industry.

Invesco Capital Management LLC - Invesco QQQ Trust Series 1

The QQQ is trending as investors weigh the potential impact of a looming government shutdown and react to Meta's acquisition of chip startup Rivos to enhance its AI capabilities. Community discussions revolve around whether the shutdown is already priced in and potential market reactions, while some are eyeing lithium-related stocks like $LAC amid bullish projections for the sector. Insider selling spikes are also being noted as a possible sign of a coming pullback.

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SPY is trending as a government shutdown looms, sparking debate about its potential impact on the market. While some community members anticipate a market dip and are buying puts, others point to historical data suggesting shutdowns often lead to market rallies. Lithium stocks may see a boost due to government loans.

NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. It operates through the following segments: North America, Europe, Middle East, and Africa (EMEA), Greater China, Asia Pacific and Latin America (APLA), Global Brand Divisions, Converse, and Corporate. The North America, EMEA, Greater China, and APLA segments refer to the design, development, marketing, and selling of athletic footwear, apparel, and equipment. The Global Brand Divisions segment represents its NIKE Brand licensing businesses. The Converse segment designs, markets, licenses, and sells casual sneakers, apparel, and accessories. The Corporate segment is composed of unallocated general and administrative expenses. The company was founded by William Jay Bowerman and Philip Hampson Knight on January 25, 1964 and is headquartered in Beaverton, OR.

Nike, Inc. - Ordinary Shares - Class B

Nike Inc

Nike is trending following the release of its Q1 earnings report, which showed a surprise rise in revenue and beat expectations, signaling that the company's turnaround efforts are gaining traction. Despite positive results, concerns remain around weakness in China and the impact of tariffs, leading to mixed sentiment among investors. The community is actively discussing whether the positive earnings will hold, with some anticipating a move towards $80 and others expecting a pullback due to broader market conditions and concerns about guidance.

Carvana Co. is a holding company and an eCommerce platform, which engages in the buying and selling of used cars. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ.

Carvana Co. - Ordinary Shares - Class A

Carvana Co.

Carvana is trending due to an upgrade from Jefferies, sparking debate among investors regarding its valuation and business model. Community discussions revolve around the sustainability of Carvana's subprime loan model amid rising delinquencies and broader concerns about the used car market. Some traders are also noting the potential for a short squeeze.

Ethereum is a global, open-source platform for decentralized applications. In other words, the vision is to create a world computer that anyone can build applications in a decentralized manner; while all states and data are distributed and publicly accessible. Ethereum supports smart contracts in which developers can write code in order to program digital value. Examples of decentralized apps (dapps) that are built on Ethereum includes tokens, non-fungible tokens, decentralized finance apps, lending protocol, decentralized exchanges, and much more.  On Ethereum, all transactions and smart contract executions require a small fee to be paid. This fee is called Gas. In technical terms, Gas refers to the unit of measure on the amount of computational effort required to execute an operation or a smart contract. The more complex the execution operation is, the more gas is required to fulfill that operation. Gas fees are paid entirely in Ether (ETH), which is the native coin of the blockchain. The price of gas can fluctuate from time to time depending on the network demand.

Ethereum

Ethereum is trending as the crypto market anticipates a potentially bullish "Uptober," with community members eyeing targets around $4500 and beyond. Talk centers around the potential for a short squeeze, with some pointing to Tom Lee's long-term price predictions and recent treasury activity as bullish catalysts. However, some traders remain cautious, citing technical indicators and potential pullbacks amid broader market uncertainty.

Novavax, Inc. Is a biotechnology company, which engages in the discovery, development, and commercialization of recombinant vaccines. The company was founded in 1987 and is headquartered in Gaithersburg, MD.

Novavax, Inc.

Novavax Inc

Novavax is trending amidst discussions around its partnership with Sanofi and the potential for increased market share as concerns about mRNA vaccines persist. Community members are closely watching for further developments on partnerships, particularly for the combination COVID-19 and influenza vaccine, while also evaluating the impact of Sanofi's marketing efforts and vaccine availability.

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Several cannabis stocks dived on Wednesday after Democrat Vice President Kamala Harris lost to Republican candidate Donald Trump, who will return for a second term in the White House to become the 47th U.S. president.Harris was seen as having a favorable take on the recreational use of Cannabis, which many Republican states have yet to legalize.On Wednesday, the state of Florida voted against one such move that would have legalized marijuana for recreational use to adults 21 years of age and older from medical marijuana treatment centers and other state-licensed entities, Reuters <a target="_blank" rel="noopener noreferrer nofollow" href="https://reported.">reported.</a>Florida was seen as a &nbsp;“very attractive market,” Reuters reported citing an estimate from cannabis analytics company Headset <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/markets/us/pot-stocks-dive-florida-rejects-legalization-recreational-marijuana-2024-11-06/">indicating</a> $4.9 billion to $6.1 billion in adult-use sales during the first year of implementation.Cannabis-focused stocks such as Tilray Brands ($TLRY) and Trulieve ($TCNNF) were down 14% and 39% respectively as of 1:55 pm ET. &nbsp;Trulieve had also provided funding worth $145 million as of October towards the Florida campaign, Associated Press <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.marketwatch.com/story/florida-ballot-measures-for-abortion-rights-legalized-marijuana-fail-f70b1bbe?mod=home-page&amp;mod=article_inline">reported.</a>Other stocks that saw declines include US-listed SNDL Inc. ($SNDL) and Cronos Group ($CRON) were down 14% and 9%, respectively as of 2:20 pm ET. &nbsp;While shares of Canada-based Aurora Cannabis Inc. ($ACB) were down more than 17% as of 2:45 pm ET.To be sure, Trump’s choice of who replaces the current attorney general and the possibility of a more moderate senate majority leader may still bring favor to the industry.Twenty four American states have legalized cannabis for recreational use, with 39 states where Cannabis use is allowed for medical purposes.Many Stocktwits users were hopeful of a bounce back.<stembedurl>https://stocktwits.com/RizzaSizzler/message/591429531</stembedurl><stembedurl>https://stocktwits.com/Goldenleaf/message/591435127</stembedurl><stembedurl>https://stocktwits.com/CoBear/message/591441354</stembedurl> &nbsp;For updates and corrections, email newsroom@stocktwits.com.&nbsp;

Cannabis-focused companies like $CRON, $ACB, $SNDL saw stocks slip | Source: Pexels

 US Election 2024: Cannabis Stocks Feel Trump Effect, But Retail's Hopes Stay High

Harris was seen as having a favorable take on the recreational use of Cannabis

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