Logan Paul's $16.49M Pikachu Sale Challenged, Dogecoin Sees 12,928% Liquidation Imbalance, XRP Burn Rate Sinks 75%

In February 2026, Logan Paul's $16.49 million auction of a PSA 10 Pikachu Illustrator card via Goldin drew criticism from Ripple CTO Emeritus David Schwartz over its buyback structure, as fractional investors now threaten legal action. Dogecoin traders endured a 12,928% long liquidation imbalance when the price slipped from $0.103 to $0.09862, while XRP network activity weakened, with fees burned plunging from 519 XRP to 126 XRP, a 75% drop in 24 hours. Across these markets, prolonged volatility and bearish sentiment have pressured prices and shaken trader confidence.