Hedera shed 12 % in twenty-four hours on Thursday morning, falling to $0.1048, after a nearly 30 % rally earlier in the week that had pushed its market cap from $4.2 to $5.7 billion before pulling back to $4.6 billion. Avalanche dropped 6.56 % to $11.32 and Chainlink fell 3.18 % to $14.39, while leveraged positions generated $197.8 million in liquidations over twenty-four hours, including $125.6 million in long positions. XRP held steady at $1.50, but the treasury vehicle Evernorth, backed by 473 million XRP, submitted its merger to a shareholder vote on September 30, pending a Nasdaq listing in the fourth quarter. Dogecoin slipped 0.16 % to $0.0937 as the MyDoge team launched the public testnet of DogeOS.
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