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JR is back from Cancun, and the crypto world didn’t wait. In this week’s Social Ledger Report, we break down the biggest stories shaking up Web3—from massive IPOs to meme coin madness. Hosts: Jesus Burgoa (JR), Founder & CEO of Social Market LinkedIn: / jesus-rafael-burgoa-b34874170 X: https://x.com/jesusrburgoa Website: https://jrburgoa.com/ Co-Host: Leon Hitchens, CMO of Social Market LinkedIn: / leonhitchens X: https://x.com/Leonhitchens Website: https://www.leonhitchens.com/ Find Us: Spotify: https://open.spotify.com/show/3cfUVNw... Apple Podcasts: https://podcasts.apple.com/us/podcast... YouTube: / @theboostchannel Website: https://theboost.fm/social-ledger-rep... Top Headlines Covered: Circle IPOs, reaches all time high of $95 and closes at $87 -- USDC issuer Circle went public, smashing expectations with shares surging from $31 to $121 at peak. -- A milestone for stablecoins and crypto’s integration into traditional finance. Resources: 1. https://x.com/WatcherGuru/status/1930... https://x.com/jerallaire 2. https://www.cnbc.com/2025/06/05/stabl... 3. https://www.coindesk.com/markets/2025... Magic Eden lies about Trump Wallet partnership -- Magic Eden claimed a partnership with the Trump Organization for a new -- Trump Wallet… only to get hit with a cease and desist. -- The Trump family denies any affiliation. Chaos ensues. Resources: 1. https://x.com/MagicEden/status/192995... 2. https://x.com/BitcoinMagazine/status/... 3. https://x.com/DonaldJTrumpJr/status/1... 4. https://x.com/EricTrump/status/193001... 5. https://cointelegraph.com/news/trump-... 6. https://www.coindesk.com/policy/2025/... Pump.fun plans a $1B token sale at $4B -- The meme coin launcher is raising $1B at a $4B valuation. -- Hosts debate if this is the future of capital formation—or just vaporware 2.0. Resources: 1. https://blockworks.co/news/pumpdotfun... 2. https://x.com/Tyler_Did_It/status/192... 3. https://x.com/watchingmarkets/status/... 4. https://x.com/wizardofsoho/status/193... French Crypto Kidnapper Caught -- Wild story involving a May 14 kidnapping attempt linked to crypto ends with an arrest in Morocco. Resources: 1. https://cointelegraph.com/news/allege... 2. https://x.com/BitcoinNewsCom/status/1... 3. https://x.com/MasonVersluis/status/19... Trump x Elon = Over? -- The duo’s fallout caused brief jitters in the Bitcoin market. Will BTC hold above $100K? Resources: 1. https://x.com/elonmusk/status/1930722... 2. https://x.com/elonmusk/status/1930796... 3. http://x.com/LoganPaul/status/1930751... 4. https://cointelegraph.com/news/bitcoi... 5. https://www.coindesk.com/markets/2025...