2021 was the year crypto went mainstream. Here's the backdrop that made SHIB’s explosion possible:
• Bitcoin hit $60K, Ethereum surged past $4K, and NFTs became household conversation.
• Retail investors flooded in, driven by stimulus checks, TikTok hype, and Reddit-fueled FOMO.
• Dogecoin soared, thanks to Elon Musk’s tweets, opening the door for meme coins to be taken (semi) seriously.
• Coinbase and Binance listed SHIB, giving it legitimacy and access to millions of traders.
• Social media became the new Wall Street, and SHIB’s “ShibArmy” rallied like no other.
In October 2021, SHIB reached an all-time high of $0.00008845, turning early $100 investments into millions. It wasn’t just a coin—it was a movement.
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