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SHIB Army Burn Over 83.34B Shiba Inu (SHIB) In 2022

Shibburn.com recently reported the SHIB burn figure for 2022. As per the data released, the Shiba Inu community collectively has permanently taken out a staggering 83,347,071,504 (83.34B) SHIB from circulation through 6,395 separate burn transactions in the year 2022.

 

 Biggest Monthly Burn of 2022:

The highest-ever monthly community burn occurred in May 2022 when Shib Army had moved a whopping 31,059,157,423 (31.05B) SHIB to the “inferno” addresses via 1,331 separate burn transactions.

Single Wallet Burn Record of 2022:

The biggest single wallet burn this year was made by an unknown wallet on May 18th, 2022, which sent a humungous 10 billion SHIB to the dead wallet in one transaction using the official SHIB Burn Portal.

SHIB Burn in December 2022:

As per Shibburn.com, the community-led SHIB Burn initiatives collectively destroyed 919,432,457 (919.43B) SHIB through 207 separate transactions in the year’s final month.

 

Whereas a gigantic 482,401,634 (482.40M) SHIB was incinerated via 44 separate transactions in the final week of 2022.

On the other hand, Etherscan.io data reports that the number of active SHIB addresses grew to 1,274,449 (1.27M) in 2022, even as the meme coin’s price has continued to fall.

At press time, Shiba Inu is trading for $0.000008085, up 0.57% over the last day, with a 24-hour trading volume of $56,338,594 ($56.33M).

Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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