There are so many currencies and tokens out there that it can feel like you’re wandering through a night market with boisterous merchants, all of whom promise the best price. Your WhatsApp is full of tips, your friends are all into different tokens, and the news is always changing. So, what cryptocurrencies should Malaysians be paying attention to right now? Here are some cryptocurrencies that are worth your time right now www.tradu.com/my/buy-crypto.

Bitcoin (BTC)

Bitcoin is the “Abang Besar” of all cryptocurrencies. It is the first, most popular, and most trusted digital currency on the market. A lot of people start with Bitcoin, and that’s for a good reason. It might not be the fastest growth, but it is stable and is said to be the digital equivalent of keeping gold under your bed. BTC is the safest way to get into crypto without taking on too much risk.

Ethereum (ETH)

Ethereum is the backbone of a huge part of the crypto industry. ETH is the technology powering everything, from decentralized apps to smart contracts to Web3 initiatives. The network is more appealing now because of recent updates that helped it perform better and be better for the environment. Ethereum is a good choice for Malaysians who are interested in the tech side of crypto or want to support new ideas. It has a lot of potential for the long run.

Solana (SOL)

Solana is known for being fast and having low fees. People that love NFTs and create DeFi love it because transactions happen so quickly. SOL is a little more unstable than most coins, but it’s making waves and showing up in new blockchain initiatives all the time. Solana is a good choice if you want to take a chance and see a blossoming environment.

MATIC Polygon

You can think of Polygon as Ethereum’s highway shortcut. It helps clear up traffic and minimize the cost of transactions on the Ethereum network, which is why developers love it. MATIC is useful and popular, especially in Malaysia’s developing crypto industry. It has real-world uses outside of speculation, which is what makes it last.

XRP Ripple

XRP is still popular in Southeast Asia, even if it has legal problems in other countries. What makes it so appealing? International money transfers that are quick and cheap. XRP is worth looking into if you think blockchain will play a role in future remittance systems. Just keep a watch on changes to global rules, since they might have a huge effect on its pricing.

Honorable Mentions

Avalanche (AVAX) and Cardano (ADA) are both good coins with strong communities and clear plans for how to grow. Don’t forget about stablecoins like USDT and USDC, either. They are fantastic for parking your money when the market goes down or moving it around without big price changes.

Always Look Into It

Before you start, make sure you know what each coin performs and why it exists. Prices in the crypto market can change swiftly, often in just a few hours. Only use recognized Malaysian exchanges, and never put money into something you need for things like bills or your next mamak outing.

Investing in crypto is a lot like picking out your favorite durian: some people love it and some people don’t, but you’ll appreciate it more if you know what you’re getting into.