Gregory Pudovsky
Printed: August 27, 2025 at 10:17 am Up to date: August 27, 2025 at 10:17 am
In Transient
Overtake’s TAKE token greater than doubled inside three days of itemizing, fueled by sturdy product options, a number of alternate listings, and rising buying and selling momentum.
The TAKE token of blockchain sport asset P2P market Overtake has greater than doubled inside simply three days of itemizing, persevering with its sturdy momentum. Based on CoinMarketCap, TAKE jumped from a post-listing low of round $0.040 to a excessive of about $0.088. As of August 27, the worth stands at round $0.085—up 114% from the low. The mix of simultaneous listings and product competitiveness has fueled speedy buying and selling enthusiasm.
Overtake’s product is constructed on the Sui blockchain, making use of a multisig sensible contract escrow to scale back fraud threat, providing low charges and prompt USDC settlement upon transaction completion. On high of that, options comparable to social login and fuel payment sponsorship ship a “Web2.5” consumer expertise, designed to draw not solely Web3 customers but additionally Web2 players into the on-chain ecosystem.
Overtake’s core mission is to attach the $55 billion digital items market with Web3. The undertaking is backed by main companions within the sport merchandise P2P buying and selling trade, together with ItemBay and ItemMania, which collectively attain about 30 million players worldwide and course of roughly $700 million in annual buying and selling quantity. Constructing on this basis, Overtake goals to determine a liquidity hub bridging on-chain and off-chain markets, immediately linking market development with the token financial system to return actual utility worth to token holders and the group.
The token financial system can be designed with long-term sustainability in thoughts, moderately than short-term value actions. A good portion of enterprise income, comparable to transaction charges, will probably be circulated again into the ecosystem, enabling the group, platform, and token to develop collectively whereas preserving long-term worth.
Overtake CEO Seunghwan Oh acknowledged, “A value enhance of greater than double inside three days of itemizing is encouraging, however our focus has at all times been on the product and actual utility. We are going to additional improve key options comparable to safe escrow, low charges, and prompt settlement, and drive sustainable development with our group by way of a revenue-sharing construction. We additionally plan to speed up further alternate listings to broaden world liquidity.”
In the meantime, TAKE rapidly secured preliminary liquidity by being concurrently listed on Momentum Finance (a decentralized alternate throughout the Sui ecosystem), in addition to main world centralized exchanges Binance Alpha, MEXC, and Korea’s Coinone. Going ahead, Overtake plans to drive simultaneous development in liquidity, buying and selling quantity, and consumer base by increasing commerce classes, onboarding companion video games, and strengthening region-specific fee and settlement features within the second half of the 12 months.
▶ Overtake homepage: https://overtake.world
■ Press Inquiries
Overtake Head of Advertising and marketing Mark Lee
[email protected] / Cell +821048942357
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About The Writer
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a precious contributor to numerous on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at the moment devoted to writing a e-book about cryptocurrency and blockchain.
Extra articles
Gregory, a digital nomad hailing from Poland, is just not solely a monetary analyst but additionally a precious contributor to numerous on-line magazines. With a wealth of expertise within the monetary trade, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at the moment devoted to writing a e-book about cryptocurrency and blockchain.
