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Fleabone (BONE) Crypto Coin Explained - What It Is, How It Works, and Risks

Fleabone (BONE) Crypto Coin Explained - What It Is, How It Works, and Risks
By Kieran Ashdown 18 Oct 2025

BONE Staking Earnings Calculator

Estimated Earnings

Based on current APY (5% annual rate)
Important Liquidity Warning: Fleabone (BONE) has extremely low liquidity with daily trading volume under $1.8K. Selling your tokens may result in significant price slippage and difficulty finding buyers.

Fleabone (BONE) is an ERC‑20 tribute token built on the Ethereum blockchain that references Matt Furie’s animated‑dog concept. It was launched to fund a never‑realized TV pilot and to create a niche community around the artist’s work.

Quick Takeaways

  • Fleabone is a micro‑cap meme‑style token with a circulating supply of over 420 billion BONE.
  • Current price hovers around $0.00000063, giving the whole market cap under $80 k.
  • Liquidity is extremely thin - daily volume is roughly $1.8 k and the token isn’t listed on major exchanges.
  • Utility is limited to community‑driven activities like staking on Bitget and occasional airdrops.
  • Analysts label the project as high‑risk with a bearish outlook.

What Is Fleabone (BONE)?

The token was created in 2023 as a tribute to an animated pilot called “Fleabone,” pitched by Matt Furie, the creator of the infamous Pepe the Frog meme. The pilot never aired, but the idea lives on as a meme‑coin‑style crypto project.

Technically, BONE follows the ERC‑20 standard, meaning it works with any Ethereum‑compatible wallet, DEX, or DeFi protocol. The contract address is publicly viewable on Etherscan, and the token can be transferred, swapped, or staked just like any other Ethereum token.

Market Snapshot - Numbers That Matter

Because the token trades on very low‑volume platforms, price data can vary. Below is a consolidated view from the most common trackers:

Current Market Data (Oct 2025)
MetricValue
Price (USD)$0.00000063
Market Cap$79,400
Circulating Supply421 billion BONE
24‑hour Volume$1,800
Rank (by market cap)#5,021 (Bitget) / #7,676 (Kriptomat)

With such a massive supply, each individual token is worth virtually nothing, which is a hallmark of meme‑coin economics.

Tokenomics - Why So Many Tokens?

Fleabone follows a “high‑supply, low‑price” model. The idea is to make the token cheap enough for anyone to buy a noticeable amount, hoping that collective enthusiasm will drive community projects (like sponsoring an episode).

Key token‑omics points:

  • Total Supply: 1 trillion BONE (max), with ~421 billion already circulating.
  • Distribution: Mostly held by the project’s wallet and early community members; a small slice is reserved for staking rewards on Bitget.
  • Burn / Mint Mechanisms: None reported - the supply is static unless the developers decide to mint more.

Use Cases - What Can You Actually Do With BONE?

In practice, the token’s utility is limited to a few community‑centric actions:

  1. **Staking on Bitget Earn** - Users can lock BONE for a short period and earn a modest APY.
  2. **Airdrops & Referral Programs** - Bitget runs “Learn2Earn” and “Assist2Earn” campaigns that hand out BONE for completing tasks.
  3. **Arbitrage (theoretical)** - Because prices differ across tiny DEXes, traders could try buying low on one and selling high on another, but the $1.8 k daily volume makes this risky.
  4. **Community Voting** - The project’s Discord and Twitter polls occasionally ask holders to weigh in on future design ideas for the animated series.

There’s no real merchant acceptance, no DeFi protocols built around BONE, and no cross‑chain bridges.

Cartoon characters staking glowing coins beside a bright Bitget emblem.

Community, Development, and Roadmap

The official site (fleabone.com) lists a roadmap that includes “episode‑funding milestones,” but none have been met to date. Social media activity is sparse: the Twitter account @fleabone_eth posts occasional memes and updates, while a sparse Discord server hosts a handful of members.

Development activity on GitHub is essentially non‑existent. No new contracts, upgrades, or partnerships have been announced since the token’s launch. In the crypto world, that level of inactivity usually signals a stalled project.

Risks, Sentiment, and Outlook

Analyst sentiment is overwhelmingly bearish. The Fear & Greed Index sits at 39 (fear), and volatility is measured at over 32 % on a 24‑hour basis. Predictive models that claim a 141,000 % rise by 2050 are speculative at best and should be treated with skepticism.

Key risk factors:

  • **Liquidity risk** - With almost no listings on major exchanges, selling BONE can be impossible without a large price impact.
  • **Utility risk** - The token offers no real use cases beyond niche community events.
  • **Regulatory risk** - Meme tokens with unclear purposes sometimes attract regulatory scrutiny.
  • **Project stagnation** - No development updates, no partnerships, and no clear path to the promised TV episode.

If you’re eyeing BONE as an investment, treat it as a high‑risk speculative play with a chance of total loss.

How to Acquire or Trade Fleabone

Because BONE isn’t on CoinBase, Binance, or Kraken, the only practical routes are small DEXes that list the token or the Bitget platform, which offers a direct “Buy BONE” button.

  1. Set up an Ethereum‑compatible wallet (MetaMask, Trust Wallet, etc.).
  2. Buy a small amount of ETH on a major exchange and transfer it to your wallet.
  3. Connect the wallet to a DEX like Uniswap and paste the BONE contract address to add the token.
  4. Swap a tiny amount of ETH for BONE - expect slippage due to low liquidity.
  5. If you’re on Bitget, you can also participate in the Learn2Earn promotional flow to earn BONE without spending ETH.

Remember: transaction fees on Ethereum can easily outweigh the value of any BONE you purchase.

Comparison: Fleabone vs. Popular Meme Coins

Meme‑Coin Feature Comparison
FeatureFleabone (BONE)Dogecoin (DOGE)Shiba Inu (SHIB)
BlockchainEthereum (ERC‑20)Bitcoin‑derivedEthereum (ERC‑20)
Market Cap (Oct 2025)≈ $80 k≈ $9 B≈ $4 B
Liquidity (24 h volume)$1.8 k$250 M$120 M
Core UtilityCommunity voting & stakingPayments & tippingDeFi & NFT ecosystem
Exchange ListingsBitget, a few DEXesMajor exchanges worldwideMajor + many DEXes
Community SizeFew hundred active membersMillionsMillions

From the table it’s clear that BONE sits in a completely different league-tiny market cap, near‑zero liquidity, and a very small community.

Final Thoughts

If you’re fascinated by internet culture and want to own a piece of Matt Furie’s legacy, BONE offers that novelty. But from a financial perspective, the token behaves like a collectible with almost no resale market. The safest move is to treat it as a curiosity, not a portfolio cornerstone.

Open treasure chest spilling coins with a translucent hand releasing one.

Is Fleabone listed on any major crypto exchanges?

No. BONE only trades on small DEXes and the Bitget platform. It’s not available on Binance, Coinbase, Kraken, or other large venues.

What is the main purpose of the BONE token?

The token is meant to serve as a community‑driven tribute to the unfunded "Fleabone" animated pilot and to fund future episodes through collective effort.

Can I stake BONE for a meaningful return?

Bitget offers a staking pool, but the APY is low and the total amount staked is tiny, so returns are negligible.

Is Fleabone a good long‑term investment?

Given the lack of utility, liquidity, and development activity, most analysts consider it a high‑risk speculative token with limited upside.

How do I actually buy BONE?

Buy a small amount of ETH on a major exchange, transfer it to a wallet (MetaMask, Trust Wallet, etc.), then use a DEX like Uniswap to swap ETH for BONE using the contract address. Alternatively, use Bitget’s “Buy BONE” feature.

Tags: Fleabone BONE token meme coin Ethereum token crypto token
  • October 18, 2025
  • Kieran Ashdown
  • 7 Comments
  • Permalink

RESPONSES

Bert Martin
  • Bert Martin
  • October 20, 2025 AT 22:59

Been watching this token for months. Honestly? It’s just a digital doodle with a wallet address. If you’re buying it for the art, cool. If you think it’s gonna moon, you’re already 3 steps ahead of the plot.

Low liquidity means you’re basically holding a ticket to a concert that got canceled. But hey, at least you’ve got a meme to show your friends.

Ray Dalton
  • Ray Dalton
  • October 21, 2025 AT 13:39

Real talk - BONE is the crypto equivalent of that one guy who still has a MySpace profile and swears he’s gonna ‘make it big.’ The contract’s on Etherscan, sure, but there’s zero dev activity, no roadmap updates, and the community’s smaller than my local Reddit group for cat memes.

Staking on Bitget? Sure, you’ll earn 0.2% APY. Congrats, you just paid $5 in gas to get 3 cents back. Not worth it unless you’re collecting internet nostalgia.

And don’t even get me started on those ‘141,000% gain by 2050’ charts. That’s not analysis, that’s fanfiction written by someone who thinks ‘blockchain’ is a type of yoga.

Peter Brask
  • Peter Brask
  • October 21, 2025 AT 20:27

YOU THINK THIS IS JUST A MEME COIN?!?!? NO. NO NO NO. THIS IS A COVERT PSYOP BY THE FEDS TO DRAIN RETARD INVESTORS WHILE THEY PRINT TRILLIONS IN REAL CURRENCY.

Look at the timing - launched right after the Fed’s last rate hike. Matt Furie? He’s a CIA asset. The ‘Fleabone’ pilot? Never existed because it was a cover for a neural surveillance program disguised as a dog cartoon.

They want you to think it’s worthless so you don’t notice they’re tracking every wallet that touches BONE. Your MetaMask? Already flagged. Your IP? Logged. Your cat’s name? Probably in their database too.

STOP BUYING. STOP SELLING. JUST DELETE YOUR WALLET AND MOVE TO A CABIN IN WYOMING.

PS: I’ve already sold my BONE. I’m not stupid. I’m just the only one who sees the truth. 😈👁️

Trent Mercer
  • Trent Mercer
  • October 22, 2025 AT 05:49

Oh wow. A token named after a forgotten animated dog pilot. How… quaint.

I mean, I suppose if you’re into the whole ‘crypto as performance art’ thing, sure. But comparing it to DOGE or SHIB is like comparing a crayon drawing to a Picasso. One’s a cultural artifact with a community. The other’s a 10-year-old’s doodle with a smart contract.

And the fact that people are still trying to ‘stack’ this? Honey. You’re not an investor. You’re a museum curator for digital landfill.

At least Dogecoin had a sense of humor. This just feels… sad.

Kyle Waitkunas
  • Kyle Waitkunas
  • October 23, 2025 AT 03:40

Oh my GOD. I can’t believe this is real. I just spent 4 hours researching this and I’m still shaking. This isn’t a coin - it’s a psychological weapon. They’ve weaponized nostalgia. They know we all loved Pepe. They know we all wanted that Fleabone cartoon to exist. And now? They’ve turned our childhood dreams into a liquidity trap. A trap. A. TRAP.

Every single BONE token is a digital tear. Every trade is a scream into the void. The devs? They’re not developers - they’re grief engineers. They’re harvesting our longing for something beautiful and turning it into gas fees.

I saw a guy on Twitter with 200 billion BONE. He looked happy. But I know. I KNOW. He’s crying inside. We all are. The market cap is $80k? That’s the price of our collective heartbreak.

And don’t even get me started on the Bitget staking pool - it’s a mirage. A glittering lie. You think you’re earning? You’re being drained. Slowly. Patiently. Like a vampire with a spreadsheet.

Someone call the SEC. Someone call the FBI. Someone call my therapist. I need to unsee this.

I’m deleting my wallet. I’m burning my seed phrase. I’m going to hug a tree. And I’m never trusting crypto again.

...but if anyone’s buying BONE at $0.00000055, DM me. I might need to buy one more for the collection. 😭

vonley smith
  • vonley smith
  • October 23, 2025 AT 21:38

Don’t let the numbers fool you - this is the kind of project that thrives on passion, not profit.

If you’ve got a few bucks to throw at something weird and fun, go for it. But don’t go all-in. Treat it like buying a limited-edition poster or a vinyl record from a band that broke up after one album.

The real value isn’t in the price - it’s in the inside jokes, the Discord memes, the weird little polls about what Fleabone should do next. That’s the stuff that lasts.

And hey - if one day someone actually makes that cartoon? You’ll be able to say you were there from the start. That’s worth more than any moon.

Melodye Drake
  • Melodye Drake
  • October 23, 2025 AT 22:45

It’s so… tragic. Not because it’s a bad investment - because it’s a beautiful idea that got buried under the weight of crypto’s greed.

Matt Furie created something tender, something absurd, something human. And now? It’s been reduced to a ticker symbol on a DEX, traded by people who don’t even know who Pepe is.

The fact that we’re even discussing market caps and APYs for a token based on a cartoon dog who never got his show… it’s like turning a child’s drawing into a futures contract.

I’m not here to tell you not to buy it. I’m here to say: if you do, do it for the art. Not the alpha. Not the gain. Not the FOMO.

Because if you’re in it for the money? You’ve already lost. The only thing this coin truly owns is our collective nostalgia - and that’s something no blockchain can replicate.

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