Are you wondering how much SHIB has been burned in 2022 so far? Tracking the Shiba Inu burn rate is crucial for understanding its tokenomics and potential price impact. While the exact number fluctuates, here's what we know based on recent data and prominent Shiba Inu burn trackers.
Shiba Inu Burn Rate Surges and Dips: The Shiba Inu burn rate is not consistent. It experiences periods of high activity followed by relative quiet. For example, one recent surge saw the Shiba Inu burn rate jump by a significant 38,299%, with 283 million tokens removed in 24 hours. One wallet alone was responsible for burning a substantial portion of this, incinerating 263.7 million SHIB. This highlights the impact individual actions can have on the burn rate.
Monthly Burn Data: June 2022 Example: Looking at monthly data gives a broader perspective. According to Shibburns’ data, the month of June saw the incineration of 4.55 billion Shiba Inu tokens. Of this, 219.66 million SHIB were burned within the last 24 hours. This demonstrates the continuous, albeit variable, effort to reduce the circulating supply.
Who is Burning SHIB? Various entities and individuals contribute to the burning of Shiba Inu. The mysterious wallet holding 313.44 Billion SHIB burned the most Shiba Inu tokens in the past 24 hours. As per Etherscan.io, the mysterious wallet destroyed a whopping amount. This suggests that large holders are actively participating in the burn process. The reason behind these burns varies, from voluntary efforts to ecosystem initiatives.
Important Note on Data Accuracy: Keep in mind that data regarding SHIB burns can vary depending on the source. It's essential to consult multiple trackers and verify information where possible. For example, According to Shiba Burn Tracker, 83 billion Shiba Inu tokens have been burned throughout 2025. The Shiba Inu burn rate has fallen from a high of 31 billion in the Hace 3 días Follow the Shiba Inu token evolution. Why burn Shiba? The chart has 1 Y axis displaying Tokens. Data ranges from 4019. to . . Can the be considered another reference point. However, always be aware of potential discrepancies and inaccuracies.
Why Burn Shiba Inu? Token burning is a common practice in the cryptocurrency world, aimed at reducing the total supply of a token. This can potentially increase scarcity and, in turn, the value of the remaining tokens. While burning alone doesn't guarantee price increases, it is a factor many investors consider when evaluating the long-term prospects of a cryptocurrency.