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#SWTCH BlockBeats news, on September 11, the on-chain AI agent protocol Swarm on Solana released a governance announcement, planning to implement the SWARMS token buyback and burn mechanism, with buyback plans to be conducted quarterly. According to GMGN data, as a result, SWARMS temporarily pumped its market capitalization to over 26 million USD, currently reported at 23 million USD, with a 24-hour rise of 11.5%. BlockBeats reminds users that meme coins generally have no practical use cases, and price fluctuations are significant, so investment should be approached with caution.