In 2021, the legendary rise of Shiba Inu Coin became a hot topic in the crypto community

The cryptocurrency space has seen many surprises, but the meteoric rise of SHIB in 2021 is undoubtedly the most eye-catching. Standing out from the market frenzy caused by the 2020 Bitcoin halving, Shiba Inu coin's unique upward trajectory still makes investors and analysts talk about it. Whether the future growth of this meme coin can replicate its legendary performance and continue to attract widespread attention and expectations in the market has become an open question.

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Explore the legendary trajectory of Shiba Inu Coin

In May 2020, the crypto market was shaken by the Bitcoin halving, and Shiba Inu Coin had not yet appeared on the scene. However, three months later, SHIB joined the game at a very low initial price.

At the end of 2020, when the price of Bitcoin was climbing, Shiba Inu Coin was relatively quiet. But everything changed on January 31, 2021, when the trading volume of Shiba Inu Coin surged to $5.7 million, starting its price rise and attracting the attention of many investors.

2021 has become a brilliant year for Shiba Inu Coin. As Bitcoin hit a high of $64,000 during the year, SHIB also hit a record high of $0.00000417. Even more striking is that Shiba Inu Coin's return rate exceeded Bitcoin that year.

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In November 2021, Bitcoin peaked at $68,789, while SHIB also peaked at $0.00008845 in October. In just 10 months, Shiba Inu Coin has risen by a staggering 884,400%.

With the arrival of a new round of Bitcoin halving, Shiba Inu Coin faces another opportunity to rise. Investors predict that Shiba Inu Coin may follow the pace of Bitcoin and achieve a sharp rise in price again. According to insiders, Shiba Inu Coin is about to enter a super growth cycle. If it can reproduce its past glory, the price of Shiba Inu Coin is expected to reach $0.199.

Currently, investors are looking forward to the possible resurgence of Shiba Inu Coin. Here, as a team leader with 8 years of investment research experience, my team and I insist on providing investment strategies and suggestions to fans in the bull market to help them navigate in this volatile market.