TechFlow news, November 7 — Leonidas, founder of Runestone, published an open letter to Coinbase on social media platform X. In the letter, Leonidas pointed out that despite Coinbase CEO Brian Armstrong's announcement on November 2 of a "free listing" policy, the DOG community has repeatedly attempted to communicate with Coinbase without receiving any response. He emphasized that DOG is the top meme coin on the Bitcoin network, with a market capitalization of $980 million, entirely community-driven with no private sale or team allocations.
The open letter outlines two key requests: first, demanding that Coinbase clearly articulate the specific issues blocking DOG’s listing; second, calling for a detailed explanation of Coinbase’s asset listing criteria to ensure transparency and fairness in the process. Leonidas urges Coinbase to improve its Asset Hub procedures to genuinely include all decentralized and fairly distributed meme coin communities.
Additionally, Leonidas suggests that Coinbase reconsider its current listing requirements, arguing they may disadvantage truly decentralized token projects. He stated that listing DOG would create a mutually beneficial opportunity and help expand the influence of the decentralized meme coin market.
