Media reports, Runestone founder Leonidas posted on social media saying, "I resist the presale and presale culture entering Bitcoin every day, and disrupt Runes memecoin. Celebrities and venture capitalists can do whatever they want with memecoin on other chains, but they are not welcome on Bitcoin. The open rune minting factory and free fair airdrops are viable alternatives to launch memecoin in a decentralized way without internal manipulation of distribution. On Bitcoin, we have no reason to tolerate the existence of corporate memecoins."