Psy to retire Gangnam Style on New Year's Eve (VIDEO)

South Korean rapper PSY has a hit on his hands.</p>

South Korean rapper PSY has a hit on his hands.

K-pop superstar Psy said he's "ending" Gangnam Style with a performance on Dick Clark's New Year's Rockin' Eve.

Psy, the 35-year-old Korean performer behind the mega hit, told MTV News that his performance Dick Clark's New Year's Rockin' Eve might be the last we hear of Gangnam Style.

"Being in Times Square on New Year's Eve is already special — it's the biggest stage in the universe — plus it's my birthday, so, with all that, it may be the ending of Gangnam Style," he said. "I mean, what better way to do it? It's my biggest and most meaningful birthday."

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Psy's video for Gangnam style, which started a dance craze around the world, was the first video on YouTube to reach 1 billion views, reported UPI.

"The song became too popular, and so you start to have some concern about its life period," the performer told MTV. "I'm really working hard on a new single right now, and I'm not saying [Gangnam] is ending on Dick Clark — I still have a lot of invitations to perform it ... I'll be in Paris, and in February I got invited to perform in China, and I've still got to do promo. So let me say that in America I need a new single because Gangnam Style got too popular, so I've got to write a new single."

Dick Clark's New Year's Rockin' Eve will be hosted solely by Ryan Seacrest for the first time since the show's titular figured died in April, according to the Los Angeles Times. Psy will be joined by the likes of Taylor Swift and Carly Rae Jepsen.