Overtake’s ‘TAKE’ Token Doubles in Just 3 Days After Listing
In Brief
Overtake’s TAKE token more than doubled within three days of listing, fueled by strong product features, multiple exchange listings, and growing trading momentum.
The TAKE token of blockchain game asset P2P marketplace Overtake has more than doubled within just three days of listing, continuing its strong momentum. According to CoinMarketCap, TAKE jumped from a post-listing low of around $0.040 to a high of about $0.088. As of August 27, the price stands at around $0.085—up 114% from the low. The combination of simultaneous listings and product competitiveness has fueled rapid trading enthusiasm.
Overtake’s product is built on the Sui blockchain, applying a multisig smart contract escrow to reduce fraud risk, offering low fees and instant USDC settlement upon transaction completion. On top of that, features such as social login and gas fee sponsorship deliver a “Web2.5” user experience, designed to attract not only Web3 users but also Web2 gamers into the on-chain ecosystem.
Overtake’s core mission is to connect the $55 billion digital goods market with Web3. The project is backed by leading partners in the game item P2P trading industry, including ItemBay and ItemMania, which together reach about 30 million gamers worldwide and process roughly $700 million in annual trading volume. Building on this foundation, Overtake aims to establish a liquidity hub bridging on-chain and off-chain markets, directly linking marketplace growth with the token economy to return real utility value to token holders and the community.
The token economy is also designed with long-term sustainability in mind, rather than short-term price movements. A significant portion of business revenue, such as transaction fees, will be circulated back into the ecosystem, enabling the community, platform, and token to grow together while preserving long-term value.
Overtake CEO Seunghwan Oh stated, “A price increase of more than double within three days of listing is encouraging, but our focus has always been on the product and real utility. We will further enhance key features such as secure escrow, low fees, and instant settlement, and drive sustainable growth with our community through a revenue-sharing structure. We also plan to accelerate additional exchange listings to expand global liquidity.”
Meanwhile, TAKE quickly secured initial liquidity by being simultaneously listed on Momentum Finance (a decentralized exchange within the Sui ecosystem), as well as major global centralized exchanges Binance Alpha, MEXC, and Korea’s Coinone. Going forward, Overtake plans to drive simultaneous growth in liquidity, trading volume, and user base by expanding trade categories, onboarding partner games, and strengthening region-specific payment and settlement functions in the second half of the year.
▶ Overtake homepage: https://overtake.world
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
