$AVAT down 81% in 5 days.

$TRON stock down 56% since listing.
Both are Nasdaq-listed companies actively buying back their own crypto with real money.
Neither the stock nor the token is responding.
Avalanche Treasury went public last week planning to buy over $1B in AVAX. Crashed 38% on day one and still falling.
AVAX is down 96% from its 2021 high. $2.1M quarterly revenue against a $26.8M net loss.
Tron Inc has bought $50K worth of TRX every day for 360 straight days. 685M+ tokens in their treasury. TRX hasn't moved.
Everyone points at $HYPE and assumes buybacks are the formula.
Two public companies are running that exact playbook right now and getting destroyed.
Buybacks work when the underlying business generates demand that outpaces the buy pressure.
Without that, you're propping up price with treasury capital while the market sells into your bids.
AI² isn't doing buybacks with $DAG. They're building the demand layer.
Gate AI and Digital Evidence are already generating real network activity through enterprise integrations.
That's the side of the equation that actually matters. $DAG $AIAI