Runestone founder issues open letter to Coinbase, asking it to clarify the status of DOG listing application

Odaily News Runestone founder Leonidas published an open letter to Coinbase on X, asking for clarification on the status of DOG's listing application. It stated: "We acknowledge that Mr. Armstrong posted on November 2, 2024 claiming 'free listing', but despite the DOG community's repeated attempts to contact Coinbase, no response has been received so far. We strongly recommend that Coinbase improve its Asset Hub process to make it truly inclusive of all decentralized and fairly distributed Memecoin communities, regardless of their organizational structure. Currently, the inherent lack of access to information on truly decentralized Memecoins (such as DOG and Bitcoin itself) creates an unfair competitive environment and undermines the core principles of decentralized cryptocurrencies. This structure may inadvertently favor venture-backed Memecoins, may stifle decentralized, fairly distributed Memecoins, and cause company-controlled Memecoins to be sold by insiders to retail investors. We urge Coinbase to take proactive measures to address this systemic problem and create a fairer listing process that reflects the diverse landscape of the Memecoin market. For the sake of clarity and fairness, we respectfully make the following request to Coinbase, including convening a formal meeting to discuss these key issues: 1. About DOG Specific issues: If any specific issues are preventing DOG from being listed, they must be clearly stated so that the community can resolve them; 2. Listing standards: All listing standards adopted by Coinbase need to be fully and in detail explained to ensure transparency, trust, and fairness. "