Steak ‘N Shake Will Begin Accepting Bitcoin Payments in the US, Boosting New Cryptocurrency Values to Record Levels

In a significant development for the cryptocurrency landscape in retail, the well-known fast food chain Steak ‘n Shake will begin accepting Bitcoin payments starting May 16.

Analysts note that Bitcoin may struggle as a regular payment option because of the added pressure it places on its network, which challenges the blockchain’s efficiency, fees, and capacity.

However, this isn’t the first time we’ve observed cryptocurrency making inroads into retail, nor will it be the last.

This article aims to look briefly at the increasing enthusiasm among businesses for ‘digital gold.’

Stick around as we highlight the best new cryptocurrencies to consider buying today, capitalizing on the confidence shown by large companies in the crypto space.

Cryptocurrency in Retail

On March 8, Steak ‘n Shake posted on X to gauge interest in accepting Bitcoin. Notably, Twitter CEO Jack Dorsey responded with a ‘Yes.’

Although many of these efforts were brief and often did not scale, the landscape appears to be shifting positively.

With Bitcoin solidifying its position as a new asset for hedging among corporations and governments, numerous companies are looking to either acquire and hold it or integrate it into their operations.

Steak ‘n Shake’s latest initiative is clearly the start of a ripple effect, with more retail outlets likely to embrace this trend (and the motivations for this are straightforward – increased adoption).

As Bitcoin becomes more mainstream and integrates into daily transactions, it is increasingly likely to serve as a cornerstone for modern economies.

If you’re aiming to capitalize on the rising interest in cryptocurrencies, here are the top crypto options worth considering today.

1. Best Wallet Token ($BEST) – Top New Crypto to Buy Now

As the use of cryptocurrency becomes more widespread, having a secure and intuitive wallet is crucial for users who want to purchase everyday items like food and fuel using various altcoins. Introducing Best Wallet.

The wallet is equipped with leading-edge security features. Most importantly, Best Wallet is non-custodial, ensuring only you have access to your digital assets.

Additionally, it uses advanced cryptographic technology from Fireblock and employs multi-factor authentication, including biometric options, to protect against unauthorized access.

Investing in the native cryptocurrency, Best Wallet Token ($BEST), presents a unique opportunity to participate in the wallet’s future growth.

Best Wallet is set to capture more than 40% of the non-custodial crypto wallet market by 2026.

For example, holders of $BEST will enjoy reduced fees while buying, selling, or swapping cryptocurrencies on the Best Wallet platform.

They will also receive early access to new meme coins during their presale launches on Best Wallet.

If this sounds appealing, you can acquire $BEST today for just $0.024995 each. This project has already raised over $12 million, making it one of the most successful crypto presales.

2. BTC Bull Token ($BTCBULL) – Best Altcoin with Free $BTC Airdrops

Bitcoin’s rising adoption and price present a timely opportunity to invest in a Bitcoin-themed altcoin that could increase in tandem with the flagship cryptocurrency.

This is where BTC Bull Token ($BTCBULL) comes into play, uniquely offering Bitcoin airdrops to its holders.

Essentially, when you participate in the BTC Bull Token presale, you will earn a significant share of a $100K crypto asset at no cost to you.

According to the whitepaper for BTC Bull Token, $BTC airdrops will be issued every time Bitcoin reaches a new price milestone, such as $150K, $200K, or $250K.

Note: To qualify for the free $BTC airdrops, you must store your $BTCBULL tokens in Best Wallet.

Coupled with a deflationary model that involves burning a portion of the total supply of $BTCBULL tokens whenever Bitcoin’s price increases by $25K, the project’s strong PR strategy could contribute to a sustained price surge over the coming months.

Join fellow Bitcoin enthusiasts and invest in $BTCBULL today. The project has raised around $5.5 million, and you can acquire a token for only $0.002505 if you act quickly.

3. Moo Deng ($MOODENG) – Trending Viral Meme Coin

Moo Deng made headlines shortly after its launch in September 2024, climbing to an impressive all-time high of $0.62 in less than two months—a staggering rise of over 2,000% from $0.031.

After a period of stagnation lasting 3-4 months, the token is now back on the rise, surging over 150% in just the past day, resulting in a total monthly increase of more than 450%.

Currently priced at $0.1292, this budget-friendly cryptocurrency is fundamentally a meme coin, driven by community excitement and virality. It features a baby pygmy hippo named Moo Deng.

Beware – New Cryptocurrencies May Trigger FOMO

Before investing a significant amount in new cryptocurrencies with high expectations, keep in mind that the crypto market, especially meme coins, carries inherent risks.

We recommend only investing what you can afford to lose. Additionally, this article does not constitute financial advice, so ensure you conduct your own research and due diligence before making any investment decisions.