Overtake refers to a situation where one cryptocurrency surpasses another in terms of market capitalization or trading volume. This often indicates increased investor interest or confidence in the overtaking cryptocurrency, while the one being overtaken may experience declining interest.Such events can happen due to various factors, including technological advancements, partnerships, or changes in market sentiment. For example, if a new blockchain project offers better features or solves existing issues of a leading coin, it might attract more investment and quickly rise in value.Overtaking can also reflect shifts in user preference or the success of marketing strategies. Often, social media trends or endorsements can influence which coins gain traction.Market dynamics play a significant role in these changes. Volatility is a common characteristic of this space, meaning rapid shifts in ranking and value can occur frequently. Investors closely monitor these movements for opportunities, understanding that the landscape is always evolving.