Within the domain of small-cap cryptocurrencies, the CHO token has garnered significant attention in recent months. This is primarily due to its remarkable triple-digit growth, which starkly contrasts with the volatility observed in the pre-halving market.
Source: CoinGecko
Commencing in 2024, CHO has exhibited a pronounced upward trajectory, escalating from its February low of $0.0102 to reach a 10-month zenith of $0.1432 – representing an astounding 1,300% surge. Despite a subsequent retracement to stabilize between $0.075 and $0.1, the token currently trades at a 700% premium compared to its value three months prior, with its year-to-date appreciation surpassing 350%.
What We Know About CHO Token
The CHO token made a dramatic entrance onto the cryptocurrency stage in 2022, capturing market interest almost instantaneously.
- From January 2022, in the run-up to its token generation event (TGE), multiple sales rounds of CHO on various launchpads were executed with resounding success.
- In April, the project team concluded the final sales round by integrating CHO allocations into NFTs. Amid community’s overwhelming optimism, this stage was completed in less than 24 hours, resulting in over $1.6 million in allocations being acquired.
- Following its launch in June on Uniswap and Raydium the token not only soared over 180% within days but also maintained a consistent upward trajectory throughout the year, defying the adversities of the crypto winter. At that time, CHO was propelled by the trailblazing MetaFi concept of its progenitor platform, Choise.com, which adeptly blended solid CeFi features with lucrative DeFi earning tools within a unified interface.
This historical resilience against market downturns underscored the asset’s meteoric rise in 2024, particularly as it paralleled the significant dips of Bitcoin between March and May.
New Wave of Growth Spurred by Vibrant Choise.ai Ecosystem
Market researchers attribute the ascent of the CHO token to the strategic transformation of Choise.com into the pioneering Choise.ai ecosystem. This was facilitated by a merger with Vault, a B2B company specializing in digital and crypto banking solutions, also founded by the same visionary team.
According to Choise.ai founder Vlad Gorbunov, apart from Choise.com and Vault, Choise.ai will comprise a multi-chain DEX protocol, Charism, and an enigmatic AI laboratory. “The ecosystem will transcend borders, bringing innovative, secure, and efficient blockchain solutions to the table, thereby accelerating the mass adoption of these technologies in the B2B sphere,” he said.
Also, Choise.ai is poised to enrich its ecosystem by integrating solutions from external partners and developers. Thus, it will not only showcase a range of financial services, spanning from basic digital asset management to advanced CEX/DEX, AI, and RWA technologies, but also extend Choise.ai’s reach beyond its substantial existing clientele to millions more users.
This fundamental evolution is designed to not only position Choise.ai as a leader in a nascent yet promising enterprise niche by amalgamating the strengths of both Choise.com and Vault – each noted for their sustainability and financial success – but also to significantly enhance the utility of the CHO token.
From Public Interest to Expert Acclaim: Choise.ai Elevates CHO’s Profile
Choise.ai first came to the fore in mid-March, igniting considerable excitement within the project community. Prior to the formal revelation, a cryptic teaser about a revolutionary upgrade to CHO’s tokenomics spurred investors to progressively increase their holdings of the asset, which saw its value rise from $0.027 to $0.076 by April 2, just before the initial update was unveiled.
Over the past month, the Choise.ai team has introduced several major revelations, methodically unveiling its ambitious initiatives and breakthroughs aimed to augment CHO’s functionality, market value, and allure to investors. Even esteemed cryptocurrency traders and analysts have recognized the token’s promising future, considering it an undiscovered jewel with potential for at least tenfold growth and incorporating it into their portfolios.
Therefore, keeping abreast of news related to Choise.ai could prove invaluable for those seeking intelligent portfolio diversification in the midst of post-halving market uncertainty. Presented below are the latest updates from the team, encompassing both completed developments and those on the horizon.
CHO Debuted on Binance Smart Chain and BingX Exchange
On April 19, the team at Choise.ai announced the integration of the CHO token into the Binance Smart Chain (BSC) network, marking a strategic expansion into new blockchain realms. Shortly thereafter, the CHO/USDT trading pair was listed on BingX, one of the largest spot crypto exchanges in the market.
Entering the BSC and appearing on BingX offers several benefits for CHO and its holders:
- As noted by Vlad Gorbunov, positioning the token within a broader and more actively engaged user base significantly increases its visibility, availability, and liquidity. The BSC network boasts over 440 million users and sees approximately 200,000 new wallets created daily, complemented by BingX’s 10 million traders and daily transactions amounting to half a billion dollars.
- Second, integration with BSC facilitates more fluid and cost-effective money transfers, which are ten times cheaper than those on Ethereum. This promotes seamless wallet creation, enhances the overall user experience, and positions CHO as an attractive option for micro-transactions and everyday crypto operations.
- Lastly, the affiliation with a renowned and robust network like BSC can enhance the perceived stability and credibility of the CHO token, attracting not only individual investors but also institutional interest.
B2B Revenue Sharing and VLT Token to Boost CHO Staking Income
Choise.ai distinguishes itself through its unwavering commitment to enhancing user empowerment. Vlad Gorbunov repeatedly asserted that despite the company’s foray into B2B markets, its ultimate focus remained on the end-users. “And we have been thinking for a long time how to create value within our B2B division so that it creates additional value to the entire ecosystem,” he emphasized.
Eventually, this user-centric approach resulted in Choise.ai’s pledge to ensure that its steadfast supporters are the foremost beneficiaries of its expansion efforts. This commitment is manifested in the forthcoming revenue-sharing program, designed to allocate up to 20% of Vault’s B2B revenue via a new VLT token to CHO owners through staking.
VLT will be awarded to each CHO staker, from initial purchasers to future participants. Current holders, however, will have the opportunity to earn enhanced rewards, presenting a compelling incentive for prospective investors to acquire CHO prior to the program’s initiation within the next month or two. The allocation of VLT will vary directly with the quantity of funds staked, with CHO owners eligible for receiving between 20% to 150% of the VLT volume. To preserve the exclusivity of these benefits, the Choise.ai team plans to restrict VLT from both primary and secondary markets in favor of the CHO/VLT community.
CHO as Centerpiece of Next-Gen Tech for Ultimate Digital Wallet Security
In their latest announcement, Choise.ai unveiled Tringlr, a hybrid SMPC (secure multiparty computation) technology aimed at revolutionizing crypto wallet security. This solution will combine the robustness of decentralized storage with the user-friendly aspects of centralized platforms, highlighted by superior customization and recovery options, such as:
- Enabling users to set transaction thresholds for both transfers and withdrawals;
- Allowing users to transfer funds to a specialized backup wallet in predefined critical situations, with access information securely shared with designated contacts.
Tringlr will introduce an innovative security framework, assigning wallet keys among the user, a centralized custodian, and a secure agent, ensuring that neither centralized nor decentralized components can be compromised individually to prevent unauthorized access and financial losses. Not only it will support safe and seamless crypto-to-fiat operations but also facilitate crypto-to-crypto exchanges across multiple blockchains with the account abstraction technology.
Scheduled for release within the next quarter, Trignlr will have all transactions, transfers, and services underpinned by the CHO token. Secure agents will also be remunerated in CHO. Once integrated into solutions of Choise.ai and its B2B partners, Tringlr will unleash the power of Web3 in finance, helping people regain full control over their money. Per Vlad Gorbunov, “With Tringlr, individuals truly own their funds, reaping all the benefits of various storage systems.”
More Exciting Milestones to Come – Where Will CHO Head Next?
The previously mentioned advancements at Choise.ai are just the beginning. The next significant update from the team is scheduled to emerge publicly within the next week, amid speculations that it will center on the introduction of their proprietary blockchain. Should this prove accurate, the inner blockchain could significantly empower the ecosystem by enabling greater autonomy, increasing the CHO token’s utility, reducing transaction costs, and adding advanced features such as smart contracts.
Furthermore, by establishing its own blockchain, Choise.ai could position itself at the forefront of innovation in the crypto sector, setting a strong precedent for future growth and diversification of its services. This enhancement would likely boost investor confidence and attract a broader user base, thus driving up the demand and value of CHO in the market. Despite the token currently trading well below its historical peak of $1.38, it presents substantial potential for growth, with significant resistance levels identified at $0.1086 and $0.1233.
Given that the unveiling of Choise.ai precipitated a nearly 96% surge in CHO’s value within a few days, it remains plausible that the token will not only surpass the formidable resistance at $0.1543 but also revisit its prior apex. This scenario would offer investors the opportunity to significantly amplify their investments in the near term.
