In the past 30 days, lai's price fluctuated between $0.022 to $0.091, which was a 4x price fluctuations. the following news will help understand the price moves.

1. **ai token surge**: lai surged by 56% in 24 hours on may 6 due to a rise in small-cap ai tokens. this was driven by rising interest in ai and the hype around the upcoming ethereum etf approval.

2. **key players influence**: the approval of the ethereum etf could inject $500m into the market, as predicted by okx cco lennix lai. this shows the significant impact of institutional interest on token prices.

3. **token burn**: layerai burned nearly 100 million lai tokens, over 3% of total supply, to boost value. with increasing adoption, this process is accelerating, heralding upcoming product launches.

4. **loyal community and team efforts**: a strong community and dedicated team working hard to improve utility in the eco-system.

5. **upcoming unlocks**: upcoming token unlocks are anticipated to bring changes and opportunities for deeper involvement in the crypto market.

6. **ai and ethereum popularity**: ai popularity and ethereum etf discussions are influencing token price moves. investors are keenly watching these developments.

in conclusion: the confluence of these factors, along with the active involvement of lai's community and team, created a perfect storm leading to significant price fluctuations. it will be interesting to see how lai continues to navigate the rapidly changing crypto landscape.

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