SHIB's 632,000x Rally: How the 2021 Bull Run Unfolded in Stages

⬤ Shiba Inu (SHIB) is back in the spotlight after charts from the 2021 bull market resurfaced showing just how wild that rally actually was. The early phase alone saw SHIB absolutely rip higher in what became one of crypto’s most dramatic price explosions. The chart captures how fast momentum built up during peak speculation around the token.

⬤ The price action tells an insane story: SHIB pumped roughly 100x in just two days during the initial breakout. But that wasn’t even close to the end. From there, the token kept climbing hard over the following months, eventually hitting around 5,800x from that breakout point. When you zoom all the way out, the total move during 2021 reached approximately 632,000x from early levels.

⬤ The chart also shows how SHIB’s rally fit into the broader crypto bull run at the time. Risk appetite was through the roof, with massive capital flowing into speculative plays and meme tokens getting serious attention. SHIB’s price movement came in waves—sharp vertical runs followed by consolidation periods—showing both aggressive buying pressure and the kind of volatility that defines these cycles.

⬤ This historical run still matters because it shows how quickly things can move when sentiment and liquidity align during bullish phases. The SHIB rally is a textbook example of speculation and market psychology driving digital asset cycles, while also highlighting the serious risks that come with parabolic moves. Even though it’s in the rearview mirror, this chart remains a key reference for understanding how volatility works in crypto markets.