As the crypto market closes its books on 2024, a wave of optimism is sweeping through the final days of the year. December’s end brings not just festive cheer but also an opportunity to spotlight the coins that have captured attention with their strong year-end momentum. So far, $CHO, $DOGE, and $HYPE are looking like the ones to watch for gains by January 1, and there’s a good chance they’ll keep it up into 2025.
$CHO
$CHO, the native token of Choise.ai, an enterprise crypto platform with over one million users, experienced a 700% spike from February to April, setting a yearly high. With the token’s utility growing through updates to Choise.ai’s expanding ecosystem of products, it seems poised to cap off the year with even greater gains.
One of the most recent announcements from Choise.ai highlights their work with Vault, a B2B platform specializing in white-label crypto banking solutions, on Meme Bank, a new Choise.ai ecosystem addition designed to introduce real-world utility for meme coins. This will enable holders to, for example, spend their meme coins in real life via Visa and Mastercard. Meme Bank will actually feature individual banks for each meme coin, offering seamless transactions, exchanges, withdrawals, additional utility-driven features like token burns, staking options, and many more.
This is probably going to be huge for $CHO because portions of the token will be burned during transactions within Meme Bank, alongside the associated meme coins, directly increasing their scarcity. With millions of transactions anticipated, $CHO holders stand to benefit as supply decreases and demand grows.
In a recent post on X, Choise.ai revealed that the first meme bank will soon be unveiled, with community chatter suggesting that $DOGE will be the inaugural coin, and this means potentially tapping into its massive community of over 6 million active holders.
Image Source: X
Adding to the momentum, Choise.ai just announced the addition of Ryan Horn, a former Binance executive known for high-profile partnerships like those with Cristiano Ronaldo, to its Board of Directors.
Earlier in the year, $CHO’s surge was partly fueled by its listing on BingX, building on its presence on exchanges like KuCoin and MEXC. Now, anticipation is building for a new tier-1 CEX listing, which could significantly broaden its audience and drive further demand.
$DOGE
As of 2024, meme coins command a staggering market capitalization of over $127 billion. And, even though many of them, such as $PEPE or $POPCAT, have gained serious attention and seen impressive growth, $DOGE, the original meme coin, still stands out as having the most genuine potential. With 11 years under its belt, its rise is driven by utility, not just speculation or hype. $DOGE has already seen a 342% increase in yearly growth, and the last two weeks of 2024 could push it even higher.
The most popular meme coin certainly benefited from the overall bullishness in the market, especially after Bitcoin smashed through $100,000. But the momentum continued for another reason: hints from Elon Musk about $DOGE payments for X’s premium features, as well as President Trump’s appointment of Musk and Vivek Ramaswamy to lead the new Department of Government Efficiency (D.O.G.E.). The name alone sparked attention, boosting $DOGE’s trading volume and hinting at its expanding utility.
Plus, beyond its current use for payments within Tesla and various online and offline stores like Newegg, Jomashop, Burger Bear, Travala, and AirBaltic, $DOGE seems poised for more.
After a healthy retest, which followed the big jump in November, $DOGE appears ready to finish the year with even stronger gains. One factor that could fuel this is if it actually becomes the first meme coin bank within Choise.ai’s Meme Bank project. If this scenario unfolds, burning $DOGE with each transaction could drive up demand while decreasing the supply in circulation.
Additionally, expanding $DOGE’s utility and increasing its real-world applications could also be a major boost for its further growth.
$HYPE
Hyperliquid burst onto the scene on November 29 with the launch of its $HYPE token, marking one of the most talked-about token generation events in recent memory. As a decentralized perpetual trading platform and layer-1 blockchain, Hyperliquid allows users to trade perpetual derivatives and spot assets, all while pulling liquidity from multiple sources.
At the heart of the platform is the $HYPE token, which does double duty as both a utility token for trading and the gas token for HyperEVM, the platform’s execution environment.
Since its launch, $HYPE quickly climbed into CoinGecko’s top 30 cryptocurrencies. Over $1 billion in USDC net inflows have been recorded, and the token is being celebrated as one of the most successful airdrops ever, despite the absence of any major centralized exchange listings.
What sets Hyperliquid apart is its commitment to decentralization; no token supply was allocated to private investors or exchanges, keeping ownership squarely in the hands of its users. The platform’s unique approach to decentralized perpetual trading has resonated with the DeFi community, and its rising popularity suggests it could become a key player in the space.
However, with $HYPE’s value skyrocketing by 748% in less than a month, it’s important to tread carefully. While the token shows plenty of promise, its newness and rapid rise call for cautious optimism.
Summary
It doesn’t matter whether it’s the beginning or end of the year for coins with real potential and ongoing developments to get the recognition they deserve, but this time, the end of the year is lining up perfectly with big things happening for some projects. With teams like Choise.ai constantly building, there’s a lot in store. With the Meme Bank launch on the horizon, $CHO seems set for some nice gains, while $DOGE and $HYPE also have some strong potential to grow.
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