Avalanche Treasury Co. (Nasdaq: AVAT) fell 38.13% in its first trading session on June 11, ending at $1.85 after opening from a $2.99 reference price. The company began trading with nearly 15 million AVAX and says it aims to build value via staking, validator operations, and investments across the Avalanche ecosystem.

XRP’s weighted sentiment has dropped to its weakest level since October 2025 as the token slid toward $1.10. XRP was recently near $1.13 and is down about 38% in 2026, while liquidations reached about $25.64 million over 24 hours with roughly 96% from longs. Santiment noted that extreme disinterest has sometimes preceded sharp rebounds, though it said sentiment alone cannot confirm a reversal.

XRP’s weighted sentiment has fallen to its lowest point since October 2025, even as the token trades around $1.1287 and continues to print lower highs after the June 8 rejection at $1.18. The 4-hour chart shows a bearish moving-average stack (SMA50 $1.1323, SMA100 $1.2156, SMA200 $1.3077) with $1.09 holding three times; a break could expose $1.06, while a reclaim of $1.18 would be needed to disrupt the downtrend structure.

Avalanche Treasury Co. began trading on Nasdaq on Thursday under the ticker AVAT after completing a $675 million merger with a crypto-focused SPAC, and the stock ended its first session down 38.1% at $1.85. The company said it plans to deploy capital across the Avalanche ecosystem and intends to buy more than $1 billion worth of AVAX over time.

Bitmine, owned by Tom Lee, acquired an additional 25,000 Ethereum (ETH) from BitGo worth $41.09 million, bringing its three-day accumulation to 125,000 ETH valued at $206 million. The purchases came as ETH slid through June after trading near $2000 at the end of May and later reaching $1,661.50, while it was up 2.85% over the last day at the time of writing.

Ripple rolled out the XRPL AI Starter Kit on June 10, aiming to let autonomous AI software initiate and settle payments on the XRP Ledger using XRP and Ripple USD (RLUSD). The kit’s first phase includes X402-enabled payments plus tools for wallet creation, balance checks, transfers, and transaction tracking, while RippleX’s engineering lead said agent-to-agent flows could eventually move “billions of dollars” in value.

Aphractal AI says Dogecoin has moved into a depressed on-chain valuation zone, with DOGE priced below its realized price and profitability metrics consistent with capitulation. The analysis lists DOGE at $0.08475 versus a realized price of $0.12845, alongside a $13.36 billion market cap and 154.58 billion circulating supply. While some network and exchange-reserve data looks mildly supportive, the report notes weaker trend structure and mixed derivatives signals.

XRP is attempting to rebuild upside momentum toward the $1.8–$2 zone after an analysis shared on June 9 said Binance inflows show no new surge in large-holder deposits. The research noted that transfers above 1 million XRP have cooled following a 2025 peak, implying recent weakness may be more tied to liquidations and broader market pressure than aggressive whale selling. At the time of writing, XRP was trading at $1.14.