BlockBeats news, on August 27, according to official news, the platform token TAKE of the P2P game asset trading platform OVERTAKE has risen 114% within three days of its launch, currently priced at $0.0803, doubling from the post-issue low of $0.04, with an intraday high of $0.0869.
Market performance may be driven by multiple factors, including platform launch activities and trading incentives boosting transaction volume, strategic cooperation with Circle, approximately $120,000 in transaction volume during the testing phase, and support from the Sui ecosystem.
The project team stated that the economic model of the TAKE token includes a profit buyback mechanism, allowing up to about 70% of platform and trading profits to be used for buybacks. The current price mainly remains in the range of $0.07 – $0.089.
OVERTAKE is a P2P game asset trading platform based on Sui, aimed at Web2 game players, supporting low fees and instant settlement for the trading of game items, accounts, and virtual currencies.
