Swarm
SN124#1250 by market capNot covered. The criterion it missed: no homepage listed.
Swarm is for AI services. We have not written its record yet, so its promises are not checked. It trades at $2.56, #1206 of all coins by size, 31% below its highest ever price.
This week Nothing changed on its record.
A real job. No dated promises on its pages. Nothing dated ahead. #23 of 98 Bittensor subnets. 1 reason to be careful.
Is it real?
Reasons to be careful:Half the supply still to come
ExpandCollapse
2 of 4
- ✓A real-world jobReal-world purpose: AI services
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $9.89M, 10 times smaller than lium, the biggest coin within reach doing the same thing (Bittensor Subnets)
No named backer
- Origin2 April 2026about about 5 monthsGitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorNot on a big exchange we track
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Bittensor Subnets ($4.88M). To match the leader, lium ($97.7M), its price would need to rise 888%, to about $25.29.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Listed on fewer than two big exchanges
- No named investor among its tags
- Only 0 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
ExpandCollapse
Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
ExpandCollapse
Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Ai services
351 coins tagged Artificial Intelligence (AI), worth $17.39B together. #140 of 351 by worth.
Bittensor Subnets: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Swarm$9.89Mthis coin−2.6%18% outno record
lium$97.7M9.9× bigger, +$87.81M−7.0%, gap −4.422% outno record
Chutes$94.38M9.5× bigger, +$84.49M−2.9%, gap −0.328% outnone dated
Targon$73.86M7.5× bigger, +$63.97M−4.3%, gap −1.727% outnone dated
Score$46.35M4.7× bigger, +$36.45M−0.9%, gap +1.726% outno record
affine$45.71M4.6× bigger, +$35.82M−4.7%, gap −2.119% outno record
τemplar$37.3M3.8× bigger, +$27.41M−4.7%, gap −2.126% outno record
EfficientFrontier$33.26M3.4× bigger, +$23.37M−9.2%, gap −6.626% outno record
Bittensor Subnets: this coin next to lium, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Swarm says
- .
- lium says
- .
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
No description on file.
Problem it says it solves: AI services. 351 coins are working on it and together they are worth $17,390,836,908. This coin is 0% of that.
Where it trades: Subnet Tokens
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
1 reason to be careful
- Half the supply still to come82% of the maximum supply is still to come
ExpandCollapse
Bittensor Subnets: this coin next to the group's largest, lium.
| Swarm | lium | |
|---|---|---|
| Years trading | 5 months | 1 year |
| Major exchanges | 0 | 1 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 2 |
| Promises delivered | no record | no record |
It is 10.1% the size of lium. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.
The homework: the coin itself, the news, the record
The coin itself
ExpandCollapse
The last 7 days
Where today sits against its highest ever price
Highest ever: $3.69 on 28 August 2026. Today is 69% of that.
18%
of all SN124 that will ever exist is already out in public hands: 3.86M coins.
82% (17.14M coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 3.86M of 21M.
- 17.14Mcoins still to be released, 82% of the maximum. Releases can add selling pressure.
- of its all-time high of $3.69 on 28 August 2026. That is −30.5% from the top.
- #1206by market cap, $9,891,032.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
ExpandCollapse
Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Not covered. The criterion it missed: no homepage listed.
ExpandCollapse
Six facts, the project's own replies, its peers, contract facts, references and every stored copy