TYCOON surges over 80% on token buyback announcement

Dino Tycoon (TYCOON), an AI-based Web3 simulation game, announced via its official X account that it will use a portion of its Season 1 operating profits for a token buyback. The project stated that the first buyback will be completed before the end of the year and that it plans to continue allocating a portion of operating profits to buybacks in subsequent seasons. It also noted that the next season is scheduled to begin in the third week of December. Following the announcement, TYCOON surged 83.3% to trade at $0.05497, according to CoinMarketCap.