Shiba Inu Price Surge in 2021

Shiba Inu price saw a massive increase in 2021 when Vitalik Buterin burned 410 trillion SHIB tokens sent to him by developers. This burn process led to SHIB erasing three zeros from its price within a short time.

Since then, the SHIB community has been conducting regular SHIB burns and increasing utility in an attempt to push Shiba Inu price to $0.01. In this article, we explore why SHIB price may never rally to $0.01.