Curious how Overtake’s TAKE token doubled in 3 days? Explore the factors driving its rapid growth. #TAKEtoken #Overtake #CryptoNews
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Overtake’s ‘TAKE’ Token Doubles in Just 3 Days After Listing
John: Hi everyone, I’m John, your go-to tech blogger for all things Web3, metaverse, and blockchain on this site. Today, we’re diving into the recent buzz around Overtake’s TAKE token, which saw a big price jump right after its listing, based on the latest reliable reports.
Lila: That sounds exciting, John! Readers are probably wondering what Overtake is and why its token doubled so quickly. Can you start with the basics?
What is Overtake and the TAKE Token?
John: Absolutely, Lila. Overtake is a peer-to-peer marketplace built on blockchain for trading game assets, like in-game items or NFTs. It launched its native token, TAKE, to power transactions and governance within its ecosystem.
Lila: Peer-to-peer marketplace? What’s that mean in simple terms?
John: It means users can buy and sell directly with each other without a middleman, all secured on the blockchain for transparency. The TAKE token, introduced in 2025, helps with fees, rewards, and sharing revenue from the platform. Currently, it’s designed for a sustainable model where marketplace earnings support the token’s value.
Lila: Got it. So, in the past, how did Overtake get started?
Background on Overtake’s Launch
John: In the past, Overtake focused on solving issues in game asset trading, like high fees and risky deals. They built on the Sui blockchain for fast, low-cost transactions. The project gained traction through airdrops and partnerships, as seen in community posts on X from earlier in 2025.
Lila: Partnerships sound key. What led up to the token listing?
John: Leading up to the listing on 2025-08-26, Overtake announced simultaneous listings on major exchanges. This included centralized ones like Binance Alpha, MEXC, and Coinone, plus a decentralized exchange on Sui called Momentum Finance.
The Listing Event and Price Surge
Lila: Okay, now to the big news. What happened with the listing?
John: On 2025-08-26, TAKE began full-scale distribution with those global listings. Reports from 2025-08-27 show the token surged 114% from its post-listing low, effectively doubling in value within three days. This drew attention from investors worldwide.
Lila: Wow, that’s fast! Why do you think it doubled?
John: Based on verified articles, the surge came from strong product features, the exchange listings, and Overtake’s revenue-sharing model. For example, the platform aims to return value to users through buybacks funded by marketplace fees. No hype here—just what’s reported in sources like Coin Edition and Metaverse Post.
Current Landscape and Features
Lila: Currently, what’s the status of TAKE?
John: As of 2025-08-28, TAKE is trading actively on those exchanges, with positive sentiment in recent X posts highlighting its growth. The token hit two all-time highs shortly after launch, up about 100% over 48 hours in some updates. Overtake emphasizes a “healthy and sustainable” ecosystem backed by real revenue.
Lila: What are some key features users should know?
John: Here are a few concrete ones in a quick list:
- On-chain escrow for secure trades using multisig wallets.
- Gasless user experience to make transactions easier and cheaper.
- Revenue sharing where platform earnings buy back TAKE tokens.
- Integration with Sui for fast settlements in the $55 billion digital asset market.
Lila: That’s helpful. Are there any risks or things to watch?
John: Yes, always. Crypto markets can be volatile, and compliance varies by jurisdiction—check official docs and local regulations before engaging. Reports note no major issues so far, but users should verify wallet security and avoid unverified claims from social media.
Looking Ahead for Overtake
Lila: Looking ahead, what’s next for TAKE and Overtake?
John: The project is focusing on expanding its marketplace utility, with boosts like 2x rewards for liquidity providers on Momentum Finance. Community discussions on X suggest ongoing airdrops and integrations could drive adoption. We’ll watch for official updates on their site.
Lila: Any tips for beginners interested in this?
John: Start small: Research on trusted sites, use secure wallets, and follow verified project channels. (And hey, if trading game assets, it’s like swapping baseball cards but on blockchain—minus the sticky fingers!)
John: To wrap up, the TAKE token’s quick doubling after its 2025-08-26 listing shows strong initial interest in Overtake’s approach to game asset trading. It’s a reminder of how blockchain can make markets more efficient, but always stay informed with reliable sources. Thanks for chatting, Lila—readers, let us know your thoughts in the comments!
Lila: Great insights, John. Key takeaway: Overtake’s TAKE is making waves with its sustainable model, but do your homework before diving in.
This article was created based on publicly available, verified sources. References:
- Original Source
- Overtake’s ‘TAKE’ Token Doubles in Just 3 Days After Listing
- Overtake’s ‘TAKE’ Token Doubles in Just 3 Days After Listing – Coin Edition
- Overtake’s ‘TAKE’ Token Doubles in Just 3 Days After Listing | Morningstar
- Overtake ‘TAKE’ Token Begins Full-Scale Distribution with Simultaneous Global Listings – Coin Edition