According to TechFlow, on November 7, Runestone founder Leonidas published an open letter to Coinbase on the social platform X. Leonidas pointed out in the letter that although Coinbase CEO Brian Armstrong announced the implementation of the "free listing" policy on November 2, the DOG community has repeatedly tried to communicate with Coinbase but received no response. He emphasized that DOG is the number one meme coin on the Bitcoin network, with a market value of $980 million, and is completely operated by the community without any pre-sale or team allocation.

The open letter puts forward two core demands: first, asking Coinbase to clearly explain the specific issues that hinder DOG from listing; second, explaining Coinbase's listing standards in detail to ensure the transparency and fairness of the process. Leonidas called on Coinbase to improve its Asset Hub process so that it can truly include all decentralized and fairly distributed meme coin communities.

In addition, Leonidas also suggested that Coinbase reconsider its listing requirements, arguing that the current process may not be conducive to truly decentralized token projects. He said that DOG's listing will bring mutually beneficial opportunities for both parties and help expand the influence of the decentralized meme coin market.