"Level 5!" The group exclaimed as they stared at Exile in shock.
'Wasn't he like rank 86 on the listings?' this was the thought that ran through the minds of Clay and the others as they gaped at Exile. The sudden increase from what they knew shattered their illusions of him. Of course, each of them slowly came to the conclusion that he must have stolen the power using an orb. It was the only explanation that they could think of.
"Well..." Clay coughed a couple of times as an envious look entered his eyes. "Congratulations... Captain."
The others took a moment to adjust to the new reality before voicing their own sincere congratulations. Then they realised that this was the new team captain that they were talking about! The stronger that he was, the better it would be for them as a whole! The group suddenly had a fire in their eyes. As if they could not wait to catch up to him.
Ragnarok has several translations, such as Final Destiny/Fate of the Gods or Twilight of the Gods.
The sun and moon being devoured in the emblem is a reference to how one of the signs that Ragnarok was upon us would be the wolves, Hati and Skoll, devouring the sun and moon.
So in essence, seeing this guild emblem on the battlefield is a sign that the Fate of the Gods in other Pantheons are about to be decided.