The "TAKE" Token Surges 2X in Value Only 3 Days After Launch

2025-08-27 16:00

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Emphasizing a Healthy and Sustainable Tokenomics through an Income Reinvestment Mechanism

· The TAKE token has surged 114% within 3 days of its listing from the all-time low, attracting global investor attention.

· Simultaneous listings on Binance Alpha, MEXC, and Coinone.

· Committed to building a "healthy and sustainable" token model through a revenue-backed ecosystem.

The TAKE token of the blockchain game asset P2P trading market Overtake has doubled within just three days of its listing, continuing its strong performance. According to CoinMarketCap data, TAKE has risen from around $0.040 at its listing to a high of around $0.088. As of August 27, the price is around $0.085, representing a 114% increase from the low. The combination of the listing and product competitiveness has driven rapid trading activity.

The Overtake product is based on the Sui blockchain, utilizing multi-signature smart contract custody to reduce fraud risks, providing low fees, and instant USDC settlement post-transaction completion. Additionally, features such as social login and gas fee subsidies offer a "Web2.5" experience aiming to attract not only Web3 users but also Web2 players into the on-chain ecosystem.

Overtake's core mission is to connect the $550 billion digital goods market with Web3. The project has leading partners in the game item P2P trading industry, including ItemBay and ItemMania, covering approximately 30 million global players, processing around $700 million in transactions annually. Building on this, Overtake aims to establish a liquidity hub connecting on-chain and off-chain markets, directly linking market growth to the token economy, providing actual utility value back to token holders and the community.

The tokenomics are designed for long-term sustainability rather than short-term price fluctuations. A significant portion of business revenues, including transaction fees, will flow back into the ecosystem, fostering the mutual growth of the community, platform, and token, maintaining long-term value.

Overtake CEO Seunghwan Oh stated, "The token's more than doubling in price within three days of listing is encouraging, but our focus has always been on the product and real utility. We will further strengthen key features such as secure custody, low fees, and instant settlement, and jointly drive sustainable growth through a revenue-sharing structure with the community. We also plan to expedite additional exchange listings to expand global liquidity."

Meanwhile, TAKE has quickly gained initial liquidity through listings on the decentralized exchange Momentum Finance within the Sui ecosystem, as well as simultaneous listings on global centralized exchanges such as Binance Alpha, MEXC, and Coinone. Moving forward, Overtake plans to expand trading categories, introduce collaborative games, and enhance regional payment and settlement functions in the second half of the year to drive concurrent growth in liquidity, trading volume, and user base.