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OPEN LETTER TO COINBASE
Subject: Request for Transparency and Fair Listing Practices for $DOG on Coinbase
The $DOG Army is writing this open letter to respectfully request clarification regarding the status of $DOG's application for listing on the Coinbase platform. This letter also serves to inform the broader crypto community of our ongoing efforts to address broader concerns in the cryptocurrency space about transparency and fair listing practices for non-utility tokens (memecoins).
We acknowledge Mr. Armstrong’s November 2nd, 2024, tweet claiming "free listings" however despite the $DOG Army's repeated attempts to engage with Coinbase, no response has been received to date.
Mr. Armstrong’s public call for applications and invitation to “drop us a note”, even after our initially fruitless earlier attempts, encourages the $DOG Army to reiterate our request for a $DOG listing.
We strongly suggest that Coinbase evolve its Asset Hub process to be genuinely inclusive of all decentralized and fairly distributed memecoin communities, regardless of their organizational structure. Currently, the requirement for information inherently unavailable to truly decentralized memecoins like $DOG and indeed, Bitcoin itself—creates an uneven playing field and undermines the core principles of decentralized cryptocurrencies. This structure risks inadvertently favoring venture-capital-backed memecoins, is potentially stifling the decentralized fairly distributed memecoins and is leading to corporate controlled memecoins that insiders dump on retail. We urge Coinbase to take proactive steps to address this systemic issue and create a more equitable listing process that reflects the diverse landscape of the memecoin market.
$DOG is the #1 memecoin on Bitcoin:
• 100% of the supply was airdropped for free in a volunteer organized initiative with no presale or team allocation.
• Reached a $980M market cap organically despite zero tier-1 CEX listings because we refuse to pay listing fees.
• No tokens have been paid to influencers or marketing firms, or market makers so all value has been accrued organically.
The $DOG Army firmly believes that a Coinbase listing would significantly benefit both $DOG holders and the broader memecoin market by encouraging more memecoins to go the decentralized, community driven bottom up, fair distribution approach.
$DOG has trended on X for over 30 days in the past 6 months and has reached 10% of all mindshare on X for memecoins which demonstrates organic growth and fervent support, vital indicators of a memecoin's long-term viability.
In the interest of clarity and fair practices, we respectfully request the following from Coinbase, including a formal meeting to discuss these critical issues:
1. Specific Concerns Regarding $DOG: If any specific concerns prevent $DOG's listing, they must be clearly articulated to enable the $DOG Army to address them.
2. Listing Criteria: A complete and detailed explanation of all listing criteria employed by Coinbase is required to ensure transparency, trust and fairness.
The $DOG Army is committed to creating a healthier non-utility token (memecoin) market by advocating for decentralized memecoins which follow in the footsteps of Satoshi Nakamato's BTC which had no market makers, no team/corporation, and no treasury for CEX listing fees or paid promotion.
We look forward to a constructive response from Coinbase and a meeting to address these critical issues. Listing $DOG presents a mutually beneficial opportunity for both Coinbase and the $DOG Army, driving increased trading volume and expanding access to a thriving market of decentralized, fair, and well distribution memecoins.
Sincerely,
The $DOG Army
@brian_armstrong@iampaulgrewal@coinbase
We did the largest airdrop in Bitcoin’s history
We mined the largest Bitcoin block ever
We flipped BAYC
We reached the highest market cap ever for a memecoin with no tier-1 CEX listings
We started the free and fair movement to empower retail to fight against insider corruption in our industry
We onboarded tens of thousands of new people to Bitcoin
We airdropped over a billion dollars to Ordinals OGs
We became the top Rune and the top Bitcoin memecoin
We silenced the fudders by etching Rune #3
We trended on X for 10 straight days
There is nothing that the $DOG Army cannot achieve
Bitcoin is king
Every testnet memecoin must bend the knee
Every exchange must bend the knee
Every fudder must bend the knee
The Free and Fair movement must rip through the crypto industry like a freight train
No one can stop us
You are not ready
$DOG is the people’s Bitcoin
$DOG to the moon!!!!!!!!!!!!!!!!!!!!!!!!!
It has now officially been 6 months since the $DOG airdrop
The $DOG Army survived the Runes are dead period and is now stronger than ever
$DOG is hovering around a half billion dollar market cap despite zero tier-1 listing
$DOG has firmly claimed the title of #1 memecoin on Bitcoin
I could not be more proud to be part of this movement with all of you and I wouldn’t change a single thing about the past 6 months
It appears that we will now be heading into the largest crypto bull run in history together and tbh I don’t know exactly what lays in front of us but I think it will be a lot of fun
It will also be a tremendous responsibility that we must take on as the new face of Bitcoin
$DOG is how we will onboard tens of millions of people to the mother chain over the next 12 months and accelerate Bitcoin mass adoption so that our descendants will have freedom and control over their financial futures
$DOG is how we will purge insider corruption from this industry forever and return power back to the people
We said we would show up every single day and we have
No other memecoin can rival us
This is a once in a generation movement that we are forming together
All testnet dogs must bend the knee to the one true $DOG coin of Bitcoin
All CEXs must bend the knee to the free and fair movement
We must now embark into uncharted waters together and it will not be easy
The entire crypto industry is stacked against us
Every testnet community and influencer is rooting for our downfall
But through the power of Bitcoin we can achieve anything
There is nothing that can stand in our way now
$DOG to the moon!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It has now officially been 6 months since the $DOG airdrop
The $DOG Army survived the Runes are dead period and is now stronger than ever
$DOG is hovering around a half billion dollar market cap despite zero tier-1 listing
$DOG has firmly claimed the title of #1 memecoin on Bitcoin
I could not be more proud to be part of this movement with all of you and I wouldn’t change a single thing about the past 6 months
It appears that we will now be heading into the largest crypto bull run in history together and tbh I don’t know exactly what lays in front of us but I think it will be a lot of fun
It will also be a tremendous responsibility that we must take on as the new face of Bitcoin
$DOG is how we will onboard tens of millions of people to the mother chain over the next 12 months and accelerate Bitcoin mass adoption so that our descendants will have freedom and control over their financial futures
$DOG is how we will purge insider corruption from this industry forever and return power back to the people
We said we would show up every single day and we have
No other memecoin can rival us
This is a once in a generation movement that we are forming together
All testnet dogs must bend the knee to the one true $DOG coin of Bitcoin
All CEXs must bend the knee to the free and fair movement
We must now embark into uncharted waters together and it will not be easy
The entire crypto industry is stacked against us
Every testnet community and influencer is rooting for our downfall
But through the power of Bitcoin we can achieve anything
There is nothing that can stand in our way now
$DOG to the moon!!!!!!!!!!!!!!!!!!!!!!!!!!!!!