Overtake (TAKE) Token Airdrop Complete Record: From Historical Airdrop Spectacle to In-Depth Analysis of Gate Market Performance

August 2025, when the Overtake (TAKE) token officially launches on the Gate trading platform, it carries not only the project’s technological vision for revolutionizing game asset trading but also the initial capital obtained by thousands of early participants through airdrops.

Fast forward to January 23, 2026, TAKE is temporarily reported at $0.0436, down more than 85% compared to a month earlier. These two seemingly contradictory pictures precisely form the most comprehensive perspective for understanding this project.

01 Historical Echoes: Complete Record of TAKE Token Airdrops and Strategic Intentions

In mid-2025, before TAKE officially launched on Gate and other trading platforms, the Overtake project conducted a carefully planned token airdrop campaign. This airdrop was not a simple token distribution but a thoughtful community-building and ecosystem-launch strategy.

According to information released by the project team, a significant proportion of the total airdrop supply was allocated to reward early platform testers, community contributors, and ecosystem partners. This move differs fundamentally from many “money-dumping” airdrops; it emphasizes actual contributions and long-term commitments from participants.

The core purposes of the airdrop are threefold: to create an initial decentralized distribution to prevent excessive token concentration, to reward early supporters who contributed to the project’s development, and to cultivate a group of decision-makers with direct interests in protocol governance.

This carefully designed token distribution mechanism laid the foundation for TAKE’s subsequent market performance and explains why, even during significant market adjustments, some steadfast holders chose not to exit.

02 Market Status: The True Face of TAKE Token Amid Price Fluctuations

As of January 23, 2026, the latest data for TAKE on Gate shows the token is temporarily reported at $0.0436. This price level has seen a significant retracement from its historical high.

In the short term, TAKE has only decreased by 1% in 24 hours, indicating a possible balance between bulls and bears at the current position. This relatively stable intraday performance suggests that some market participants believe the price may already be near a short-term bottom.

Looking at a longer period of one month, the situation becomes more complex. An over 85% decline reflects the overall adjustment pressure in the crypto market and exposes the fragility of emerging sector projects when market risk appetite declines.

The current $8.35 million circulating market cap and global ranking of 1127 objectively reveal TAKE’s market positioning as a small- to mid-cap token. Projects of this scale tend to have higher volatility and greater growth potential, forming a unique risk-reward profile.

03 Airdrop Legacy: How Initial Distribution Affects Long-Term Market Structure

The most lasting impact of the Overtake airdrop event lies in how it shaped the initial holder structure of the TAKE token. Unlike projects launched through private or public sales, the token distribution from airdrops is usually more dispersed, which to some extent reduces the likelihood of large holders manipulating the price.

Historical data shows that among participants who obtained tokens via airdrops, a considerable proportion chose to sell some or all of their tokens during the initial listing to recover the time and opportunity costs invested during testing. This behavior partly explains the price pressure at TAKE’s listing.

However, some airdrop recipients became long-term supporters of the project. They often participated more deeply in testing and using the Overtake platform and have a view of the project’s value beyond mere financial returns.

This diversity of holders created by the airdrop has resulted in a healthier initial distribution structure for TAKE compared to many similar projects, which may positively influence token stability and community resilience in the medium to long term.

04 Technical Support: How Fundamentals Address Market Challenges

Setting aside price fluctuations, the technical progress of the Overtake project continues steadily. The platform’s Open Beta Test, launched on June 20, 2025, has been ongoing, accumulating valuable user data and feedback.

Overtake aims to solve core pain points in game asset trading, with three main technological pillars—smart contract escrow, on-chain asset verification, and AI market tools—forming the long-term value foundation of the project. Even during market downturns, these technological advantages remain.

Market analysis indicates that projects with solid technical foundations often demonstrate stronger resilience at market cycle lows. TAKE’s current price performance may more reflect overall market sentiment rather than deterioration of the project’s fundamentals.

As a leading global digital asset trading platform, Gate’s continued support for the TAKE trading pair is itself a recognition of the project’s fundamentals and long-term potential.

05 Cycle Perspective: Deep Connection Between Historical Airdrops and Current Price

By viewing Overtake’s historical airdrops and current price performance within the full cycle of the crypto market, an interesting pattern emerges. Many successful projects have experienced similar trajectories: establishing community through airdrops early on, facing price pressure at listing, and ultimately achieving value re-evaluation as technology matures and adoption increases.

Historical data shows that projects truly creating value tend to form long-term bottoms during periods of extreme market pessimism. The current challenges faced by TAKE are likely filtering out long-term holders who genuinely understand the project’s value.

For airdrop participants, the initially “free” tokens have transformed into real assets. Some choose to exit, others to hold, and this natural selection process is shaping the second phase of TAKE’s holder structure.

Future Outlook

In the early morning, the depth chart of the TAKE/USDT trading pair on Gate shows an unusual accumulation of buy orders around $0.04, behind which are savvy investors who have studied Overtake’s technical white paper and analyzed on-chain data.

They know that an airdrop records the starting point of a project, while the price chart depicts its journey through market cycles. In the transparent trading environment provided by Gate, these two histories are being written simultaneously.