SHIB, the token of Shiba Inu, took a thrashing last week trailing its value in 24 hours before dragging back some of that loss.

The SHIB price has tumbled from its October high of $0.00008841 to $0.00003649 (9 December).

The SHIB crypto price has been predicted as the best long-term investment. Its Shiba inu price prediction for the start of 2022 is $0.000039 but the price might rise to $0.0001 by the end of 2022 and reach the highs by the end of 2025.

The month of October and November have been hectic for the SHIB cryptocurrency, its downward trend is continuing into December.

Shiba Inu revealed on 8^th December that it had signed a strategic work-for-hire contract with Playside, the Australian video games developer. In the deal which is described as a “fixed-price, milestone-based agreement” the duo will progress a multiplayer Collectable Card Game.

The exchange Bitstamp proclaimed about listing SHIB from today (9 December).

The shiba coin fascinated the attention of investors in May, when it jagged by 2,405% in three days to a topmost of $0.0000388 on 10 May, due to Elon Musk’s appearance on the Saturday Night Live television show.

Prices of the shiba inu (SHIB), dogecoin (DOGE) and shiba floki (FLOKI) cryptocurrencies hopped after Elon Musk tweeted a photo of his Shiba Inu puppy in a Tesla on 4 October showing interest in the coin.