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

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

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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.

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 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.

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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).

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Author

Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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