Sui price

· The TAKE token has risen by 114% in 3 days since its launch low, attracting the attention of global investors. · Simultaneous listings on Binance Alpha, MEXC and Coinone. · Committed to creating a "healthy and sustainable" token model through an income-backed ecosystem. The TAKE token of Overtake, a P2P trading marketplace for blockchain gaming assets, doubled in just three days after its launch, continuing its strong trend. According to CoinMarketCap data, TAKE rose from a low of around $0.040 after its launch to a high of around $0.088. As of August 27, the price was around $0.085, up 114% from the low. At the same time, the combination of online and product competitiveness has promoted rapid transaction popularity. The Overtake product is based on the Sui blockchain, using multi-signature smart contract hosting to reduce fraud risks, providing low fees and instant USDC settlement after transaction completion. Additionally, features such as social login and gas fee subsidies provide a "Web2.5" experience, aiming to attract not only Web3 users but also Web2 players to the on-chain ecosystem. Overtake's core mission is to connect the $55 billion digital goods marketplace with Web3. The project is backed by leading partners in the P2P trading industry, including ItemBay and ItemMania, which collectively reach approximately 30 million global players and process approximately $700 million in transaction volume annually. On this basis, Overtake is committed to building a liquidity center that connects on-chain and off-chain markets, directly linking market growth to the token economy and returning real utility value to token holders and the community. Tokenomics are also designed with long-term sustainability as the goal rather than short-term price fluctuations. A significant portion of business revenue, including transaction fees, will flow back into the ecosystem, allowing the community, platform, and token to grow together and maintain long-term value. Seunghwan Oh, CEO of Overtake, said: "It's encouraging that the token has more than doubled in price within three days of launch, but our focus has always been on the product and practical utility. We will further strengthen key features such as secure custody, low fees, and instant settlement, and work with the community to promote sustainable growth through a profit-sharing structure. We also plan to accelerate the launch of additional exchanges to expand global liquidity." At the same time, TAKE has quickly obtained initial liquidity through the simultaneous launch of Momentum Finance, a decentralized exchange within the Sui ecosystem, as well as global centralized trading platforms such as Binance Alpha, MEXC, and Coinone. Next, Overtake plans to expand trading categories, introduce cooperative games, and strengthen regional payment and settlement functions in the second half of the year to promote simultaneous growth in liquidity, trading volume and user scale. This article is from a contribution and does not represent the views of BlockBeats