It only covers one (on-hold) question presently.
Burnination requests are not necessary when the tag is an obvious misspelling and the number of questions is small. Simply edit the question to fix the tag, and at night an automated clean-up script will delete the tag completely.
Should it happen that a misspelled tag is used on a lot of questions, then flag one of the questions for Moderator attention. Moderators can fix the tag without flooding the front page with a bunch of edited questions (and pushing off actual new content).
Someone has fixed the tag you mentioned in your question, so normally by tomorrow the tag should be completely gone.
Related reading on Meta Stack Overflow (we might eventually copy that content to this Meta): How do tag removal (burnination) requests work?
If possible to combine/merge all the different misspellings and permutations on the word "continuous" (of which there are many) into a single tag, it would make the OCD users happy, including myself.
If you see a single misspelled tag, you can edit it yourself. But if the misspelling has already propagated beyond a few, you can 'flag' it for Moderator attention to fix it.