The TAKE token has surged over 114% since its listing three days ago, now trading at $0.803.

BlockBeats News, August 27th, according to official sources, the platform token TAKE of the P2P game asset trading platform OVERTAKE has surged by 114% within three days since its launch, now trading at $0.0803, doubling from its low point of $0.04 post-launch, and reaching a peak of $0.0869 intraday.

The market performance may have been driven by multiple factors, including the platform's launch event and trading incentives boosting trading volume, a strategic partnership with Circle, approximately $120,000 in cumulative trading volume during the testing phase, and support from the Sui ecosystem.

The project team stated that TAKE's tokenomics features a profit buyback mechanism, allowing up to about 70% of platform and trading profits to be used for buybacks. Currently, the price mainly holds in the range of $0.07 to $0.089.

OVERTAKE is a P2P game asset trading platform based on Sui, targeting Web2 game players, supporting low fees, instant settlement of in-game items, accounts, and virtual currency transactions.