Coinbase restarts ICO, Uniswap promotes buyback and destruction, trading mining is once again in vogue, and on-chain funds frequently flow into prediction markets—various signs are echoing one trend: it seems we are returning to the cycle of 2018 to 2019.

During that era, the market was similarly enthusiastic about:

- ICO financing wave

- Deflationary token destruction

- Mining mode through trading

- On-chain prediction betting

And, the rotation of established tokens once again.

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