TAKE (OVERTAKE) rose 27.95% in the last 24 hours.

Gate News Bot message, on November 13, according to CoinMarketCap data, as of the time of writing, TAKE (OVERTAKE) is currently priced at $0.33, with a 27.95% rise in the last 24 hours, reaching a high of $0.34 and a low of $0.23, with a 24-hour volume of $124 million. The current market capitalization is approximately $53.8 million, an increase of $11.8 million compared to yesterday.

TAKE recent important news:

1️⃣ Decentralized derivatives market sparks investment boom The decentralized derivatives platform Lighter has completed a $68 million financing round, with a valuation of $1.5 billion, highlighting investor confidence in the market. This trend may stimulate investment enthusiasm for related projects such as TAKE, driving its price rise.

2️⃣ UK regulators approve crypto asset settlement system ClearToken has received approval from UK regulators to operate a tokenized settlement system for crypto assets. This development marks an increased acceptance of crypto assets by traditional financial institutions, which is expected to bring more institutional funds to projects such as TAKE, supporting their price performance.

3️⃣ The American Blockchain Association calls for flexible crypto regulations The Blockchain Association urges the U.S. Securities and Exchange Commission (SEC) to adopt a more flexible approach to cryptocurrency regulation. If this initiative is responded to, it could create a more favorable regulatory environment for projects like TAKE, promoting their long-term development.

From a technical perspective, after the TAKE price broke through the 0.30 USD mark, it continued to rise and has now reached 0.34 USD. In the short term, 0.34 USD will become an important resistance level, while 0.28 USD may serve as a support level. The continuous rise of TAKE indicates that the market remains optimistic about its prospects.

This message does not constitute investment advice, and investors should be aware of market volatility risks.