Just after following the heat of the WLFI contract, the crypto world is buzzing with new news—Binance Wallet announces the exclusive launch of TGE project OVERTAKE (TAKE)! Moreover, it uses the recently popular Bonding Curve model, with the subscription time set for the afternoon of August 25 and a threshold for Binance Alpha points. This operation is clear to those who can see: Binance is vigorously promoting its ecosystem while also hoping to lead a new issuance trend for new listings; new players must pay attention!
One, first understand: what makes the TAKE project different? Three key points harbor opportunities.
Many people ask, 'What is TAKE? Is it worth scrambling for?' First, clarify the core information; don't wait until you've subscribed and look confused.
1. Binance Wallet Exclusive! Scarcity is maximized.
This time, TAKE is not listed on Binance's spot or futures market but is an 'exclusive TGE on Binance Wallet'—which means subscriptions can only be made through Binance Wallet, with no other channels outside. Previous projects that were exclusive to Binance Wallet, like a certain DeFi coin last year, surged threefold after launch due to 'exclusivity' equating to 'controlled supply', making it easy for initial prices to be pushed up.
Moreover, Binance has chosen this moment to launch TAKE, coinciding with the momentum of WLFI, clearly wanting to boost the 'September new listings' atmosphere. Experienced players in the group say: 'Binance exclusive projects rarely drop below their opening price, even if they don't surge much; at least they're more reliable than other air coins.'
2. Bonding Curve Model! Theoretically fairer, even beginners can participate.
Let’s focus on this 'Bonding Curve Model'—it's particularly popular recently. In simple terms, it means 'prices change dynamically with buying volumes': the more people buy, the higher the price; if fewer people buy, the price won't crash, and everyone subscribes at real-time prices, eliminating the anxiety of 'racing for quotas', making it more friendly for beginners.
For example: the initial price of TAKE might be $0.1, and if the first wave buys $1 million, the price rises to $0.12; in the second wave, if another $2 million is bought, the price rises to $0.15—just calculate based on the price at the time of your purchase. There's no need to 'race for fixed quotas' like traditional listings, and you don't have to worry about 'large players monopolizing quotas.'
Previously, a project launched using this model did not experience a 'crash at opening'; instead, it attracted many retail investors due to 'steady price increases', with the first day's increase exceeding 50%. For new players, this model reduces 'buying risk'; at least you won't lose money immediately after subscribing.
3. Alpha Point Threshold! Competition is inevitable.
If you want to subscribe to TAKE, just having USDT is not enough—you need Binance Alpha Points! Although the exact requirement isn't stated, based on previous Binance projects, you need at least 200 points or more (the previous WLFI contract also required 200 points). This keeps some retail investors without points out, but also means that 'participants are relatively high quality, leading to less selling pressure.'
Now the group has already started to compete for points: some are eager to complete tasks for points, some are collecting 'accounts with points', and even some are calling for 'team up to boost points and share profits after subscription'. After all, those who meet the Alpha points threshold are either long-term Binance users or those willing to spend time on tasks; these individuals generally won't 'dump on the first day', making prices more stable.
Two, why is Binance promoting TAKE? The signal is clear: supporting the ecosystem + leading a new model.
This wave of TAKE's launch is not just about 'another project'; it is more like Binance's 'ecosystem layout':
Strongly promoting Binance Wallet, capturing ecosystem traffic.
Recently, Binance has been focusing on wallet services, from supporting multiple chains to launching DeFi aggregation features, and now exclusively launching TGE projects—it's all about bringing users into their wallets. Users who subscribe to TAKE using their wallet may later engage with the TAKE ecosystem in the wallet (like staking and trading), effectively 'one subscription, binding long-term traffic', enhancing Binance's ecosystem stickiness.
Using the Bonding Curve model, trying out a 'new issuance trend'.
Previously, traditional new listings often faced the problem of 'large investors scrambling for quotas while retail investors lag behind', but the Bonding Curve model can address this pain point. By promoting TAKE with this model, if it succeeds, more projects may follow, effectively 'leading new asset issuance rules' and solidifying its industry position.
Connecting to the September market, 'adding fuel' to it.
Now that the WLFI contract has warmed up the September excitement, TAKE is just in time for subscription on August 25, going live for trading in early September—it's equivalent to 'the first shot of September's new listings'. If TAKE performs well, it could attract more funds to focus on Binance ecosystem projects, even linking with mainstream coins like ETH and SOL, adding fuel to the entire September market.
Three, how should new players prepare? Three steps, don't miss out or fall into pitfalls.
If you want to participate in the TAKE subscription, you need to start preparing now—don't wait until the subscription day and end up in a rush.
First, check your Alpha points! If you don't have enough, make up for it quickly.
Open the Binance APP and check your points in the 'Alpha' section: if you have 200 points, transfer your USDT to Binance Wallet and bind your account in advance; if not, quickly complete tasks (like trading, staking, completing verification), usually you can gather enough points in 2-3 days. Don't wait until the last day, as it may cause bugs.
One reminder: don't buy 'point boosting services'. Previously, someone bought accounts to boost points, only to be detected by Binance, leading to account bans and losing money—a loss that isn't worth it.
Understand the Bonding Curve rules! Don't buy randomly.
Although the model is fair, don't 'rush in without thinking': during the subscription, keep an eye on real-time prices and buying volumes. If the price rises too quickly (for example, a 30% increase in 10 minutes), you can wait and not chase the high; if buying volume is low and the price isn't moving much, you can start with a small position and add more later.
For example, if the initial price is $0.1 and the buying volume is low, you can start by buying $1000 worth; if the buying volume increases and the price rises to $0.13, don't buy in large quantities anymore to avoid 'buying at a high position'—after all, there will still be fluctuations after the launch, so it's safer to keep some funds in reserve.
Don't be greedy after the launch! Set your take-profit and stop-loss.
After subscribing to TAKE, it usually goes live for trading in 1-2 weeks. After the launch, pay attention to:
If the price surges over 50% at the opening, reduce half of your position to secure some profits; don't expect it to 'skyrocket'.
If the price drops below the subscription price (for example, below the opening price), don't rush to cut losses. Under the Bonding Curve model, the decline usually isn't too sharp; wait for stabilization before deciding. If it drops more than 10% below the subscription price, then consider stopping losses.
Previously, a fan participated in a Bonding Curve project, and the price surged 40% at the opening but didn't sell, only for it to drop back to the subscription price later—what a waste of effort. 'New listing gains are about certainty of returns'; it's important to take profits when you can.
To speak frankly,
This wave of TAKE is 'Binance endorsement + new model + exclusive launch', and is considered a 'quality target' for September's new listings, especially for players with Alpha points; missing out would be a pity. But don't be blindly optimistic: the point threshold means competition, and the Bonding Curve model isn't 'guaranteed profit'; you still need to control your position and not invest all your USDT.
I will keep an eye on the subscription dynamics on August 25, and will immediately update the real-time price and buying volume of TAKE in the fan group. If there are signals worth chasing, I will let everyone know; if there is a risk of 'overinflated prices', I will also remind you to avoid pitfalls. If you want to follow the new listing trend and avoid pitfalls, just follow me—new listings in the crypto world rely on 'quick information + understanding the rules + not being greedy'; let’s aim to profit together this time!
