SafeMoon, a cryptocurrency project, experienced a 57% spike in its token price as it nears completion of its migration to the Solana blockchain. The project's developers have been burning SFM tokens and have announced a gradual airdrop. SafeMoon is also undergoing a major governance structure change, aiming to transform into a Decentralized Autonomous Organization (DAO). The original project leads were accused of fraud, but the new management is working to rebuild the project's reputation. The Department of Justice is prosecuting the old leaders, and SafeMoon plans to migrate to Solana under new management. The market has shown enthusiasm for SafeMoon's commitment to changing governance, and the project aims to involve token holders in community governance once the structure is set up.



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