- Runestone founder Leonidas has written an open letter to cryptocurrency change Coinbase.
- Mr. Leonidas questioned the standing of DOG Meme Coin’s itemizing software.
- Leonidas referred to as on Coinbase to implement a “truthful itemizing course of.”
Leonidas, founding father of Bitcoin (BTC) Runestone Protocol and host of the Ordinal Present, spoke to main American cryptocurrency change Coinbase relating to the transparency and equity of meme coin DOG's itemizing. I posted an open letter addressed to X (previously Twitter). .
Within the X put up, Leonidas defined that the letter additionally addresses “broader issues within the crypto house relating to transparency and truthful itemizing practices for non-utility tokens (meme cash).”
On November 2nd, Coinbase founder Brian Armstrong claimed in an ” he requested. Leonidas took this to coronary heart, stating that regardless of the Coinbase crew's efforts to interact with the DOG record, he has not acquired a response relating to the DOG record.
Voices calling for fairer itemizing
Leonidas referred to as on Coinbase and CEO and co-founder Armstrong to alter their itemizing insurance policies to accommodate a “decentralized and equitably distributed memecoin group,” including: .
Additionally learn: Coinbase CLO requires crypto-friendly SEC reform after Trump victory
Mr. Armstrong's open name and name to “drop a memo” prompted the $DOG Military to repeat our request for the $DOG record, regardless of preliminary efforts that have been initially futile.
Leonidas stated the dearth of transparency “inadvertently favors enterprise capital-backed meme cash,” and insiders of those tasks usually promote them to non-public traders. Runestone's founder desires Coinbase to create a “truthful itemizing course of” to deal with such points.
canine evaluation
DOG is buying and selling at $0.004186 on the time of writing, down 7.67% prior to now 24 hours with buying and selling quantity of $13.66 million. It ranks because the 211th largest digital asset by market capitalization, in line with CoinMarketCap knowledge. Over the previous 30 days, DOG has soared 9.06%, whereas over the previous week, DOG has plunged 3.34%.
The TradingView chart above confirms that the Relative Energy Index (RSI) worth is 48.02. Which means that the bears are presently controlling DOG’s worth motion, and the slope of the road suggests a doable worth decline for the memecoin. Within the quick time period.
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