BlockBeats News, November 7, Runestone founder Leonidas published an open letter to Coinbase on social platform X. In the letter, Leonidas pointed out that although Coinbase CEO Brian Armstrong claimed on November 2 to implement a 'free listing' policy, the DOG community's multiple attempts to communicate with Coinbase have gone unanswered. He emphasized that DOG is the number one meme coin on the Bitcoin network, with a market capitalization of $980 million, and is entirely community-driven without any presale or team allocation.


The open letter presents two core demands: first, to require Coinbase to clearly articulate the specific issues hindering DOG's listing; second, to provide a detailed explanation of Coinbase's listing standards to ensure transparency and fairness in the process. Leonidas calls on Coinbase to improve its Asset Hub process to truly include all decentralized and fairly distributed meme coin communities. Additionally, Leonidas suggests that Coinbase reconsider its listing requirements, arguing that the current process may be detrimental to truly decentralized token projects. He stated that DOG's listing would create a mutually beneficial opportunity for both parties, helping to expand the influence of the decentralized meme coin market.