Overtake’s TAKE Token Jumps 114% In First 3 Days Of Trading
The TAKE token, native to blockchain gaming asset marketplace Overtake, has more than doubled in price within just three days of its market debut. Data from CoinMarketCap shows the token climbed from a post-listing low of $0.040 to nearly $0.088, with prices stabilizing at $0.085 by August 27. The move represents a 114% surge, capturing the attention of investors across global markets.
Listings Boost Initial Liquidity
A major catalyst for TAKE’s rapid rise was its simultaneous listing across multiple exchanges. The token launched on Binance Alpha, MEXC, Coinone, and Momentum Finance (a DEX within the Sui ecosystem), ensuring immediate liquidity and accessibility for users worldwide. This strategy has fueled active trading and heightened investor enthusiasm.
Built On Sui Blockchain For Security And Accessibility
Overtake leverages the Sui blockchain to deliver a robust and user-friendly ecosystem. Its core design includes a multisig escrow smart contract to mitigate fraud, low transaction fees, and instant USDC settlement once trades are completed. To attract Web2 gamers, Overtake has also integrated social login and gas fee sponsorship, creating a seamless “Web2.5” experience that bridges mainstream users into Web3.
Backed By Gaming Industry Leaders
Overtake’s mission is to connect the $55 billion digital goods market with Web3. The project is backed by ItemBay and ItemMania, two established game item P2P marketplaces with over 30 million users and $700 million in annual trading volume. With these foundations, Overtake aims to develop a liquidity hub linking on-chain assets with off-chain marketplaces, ensuring the token economy reflects real usage and utility.
Sustainable Token Model
Unlike short-term speculative projects, TAKE is designed with long-term sustainability in mind. A significant portion of platform revenue—including transaction fees—will be reinvested into the ecosystem, ensuring that the community, platform, and token economy grow together. This approach aligns token value directly with business performance.
Leadership Statement
Overtake CEO Seunghwan Oh commented: “It’s encouraging to see TAKE more than double in value in its first three days, but our priority remains building real utility. We will continue to enhance escrow security, keep fees low, ensure instant settlements, and grow with our community through revenue-sharing. Expanding listings across additional exchanges is also a key focus to strengthen global liquidity.”
Roadmap For Growth
Looking ahead, Overtake plans to expand trading categories, onboard more partner games, and develop region-specific payment and settlement solutions during the second half of the year. By simultaneously scaling liquidity, trading volume, and user adoption, the project hopes to establish itself as a major player in the blockchain gaming economy.
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