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Ethereum surged 20% to break past $2,000 while Pepe jumped 36%, as crypto whales returned in force after Donald Trump’s announcement of a US-UK trade deal reignited market enthusiasm.
Trump called the deal a “breakthrough” that will slash trade barriers and open UK markets to American goods — especially beef, ethanol, and other agricultural exports. “Virtually all of the products produced by our great farmers” will benefit, he said.
The market’s reaction was immediate. One whale bought $5.5 million worth of OFFICIAL TRUMP (TRUMP), while another lost nearly $5 million shorting ETH as it spiked to $2,352, according to Lookonchain.
But it was meme coin Pepe that stole the show, skyrocketing 35.5% to trend No. 1 on CoinGecko, sending its market capitalization surging to $5.37 billion.
The meme coin sector overall skyrocketed almost 25% as Moo Deng soared 159% and Peanut the Squirrel 59%. Market leaders Dogecoin and Shiba Inu each soared around 13%.
ETH Breaks $2K And Whales Return To The Market
Following Trump’s announcement, the ETH price was able to break above $2K to trade at $2,352.06 as of 5:52 a.m. EST, while the broader crypto market saw its capitalization rise over 6% in the past 24 hours, CoinMarketCap data shows.
Whales also returned to the market. One large investor scooped up 390,435 OFFICIAL TRUMP (TRUMP) for $5.53 million at an average price of $14.16 earlier today, according to on-chain analysis platform Lookonchain.
A whale spent $5.53M to buy 390,435 $TRUMP at $14.16 five hours ago.
This whale also spent 2,492 $SOL($371K) to buy 4.45M $AVA($488.6K) 2 days ago and currently has an unrealized profit of $117K.https://t.co/G4SDmOPNoo pic.twitter.com/S55boMCS1W
— Lookonchain (@lookonchain) May 9, 2025
Another whale flagged by Lookonchain also made a big move in the last 24 hours. However, things did not go this investor’s way. Lookonchain said the whale lost $4.77 million in 8 hours shorting ETH as the altcoin’s price surged.
This gambler just lost $4.77M shorting $ETH in under 8 hours.
He deposited $5.08M into Hyperliquid to short $ETH with max leverage (25x).
Now he’s down to just $310K.
Brutal!https://t.co/pWHJQzhxEN pic.twitter.com/FcjLYi43yC
— Lookonchain (@lookonchain) May 9, 2025
Best Crypto To Buy Now As Whales Move In
The wave of whale activity wasn’t limited to majors. A $200K whale buy of Solaxy (SOLX) signaled growing appetite for crypto presales, as investors hunt for high-upside opportunities amid the post–trade deal rally.
With the Crypto Fear & Greed Index flipping back to “greed” and capital flooding back into risk assets, analysts are spotlighting early-stage tokens as some of the most compelling plays ahead of the next bull run.
Among their top picks right now are the following:
Solaxy (SOLX)
Solaxy is the first layer-2 scaling solution for Solana, and aims to address the network’s concerningly high levels of congestion.
The project will bundle SOL transactions off of the Solana mainnet. Thereafter, it will submit the batches of transactions to the layer-1 for final validation, increasing the number of transactions the blockchain can process at any given time.
Solaxy will also bridge the Solana and Ethereum networks to create a new super Web3 platform that is capable of meeting the growing needs of decentralized app and meme coin developers.
Investors have backed the idea with $34 million in cash, making it one of the most successful presales of the year. The total was bolstered by a recent whale purchase worth $200K, underscoring the project’s gathering momentum.
Crypto YouTube channel 99Bitcoins, which has over 724K subscribers, has also predicted the crypto could soar 100X after its official launch.
The whale buy and bullish prediction from 99Bitcoins come as the Solaxy team works hard on their solution. In recent weeks, the team announced the launch of their testnet and the associated block explorer.
The latest update from the dev team shows that they have continued to work on the testnet, laying the foundation for the project’s super-fast layer-2 mainnet.
According to the update, the Solaxy team has optimized their chain’s rollup mechanisms, fixed user interface issues, enhanced their test suite, as well as implemented changes that will speed up node syncing on restarts.
MIND Of Pepe (MIND)
MIND of Pepe, the first AI derivative of the PEPE brand, aims to take the meme coin world by storm with its cutting edge AI agent that will go live on May 10.
The computer model constantly monitors chatter online to find new trends in the crypto space. After identifying a new trend that could lead to profitable trade opportunities, the AI shares its insights with MIND holders through token-gated groups, giving them an edge in the market.
In addition to that, the AI can also launch its own tokens that align with each new trend it identifies. It then autonomously promotes them online, trades them, and reinvests any profits back into the MIND token. With each new crypto, the AI gives MIND holders the chance at first buy-in.
MIND of Pepe’s AI and meme coin appeal has excited 99Bitcoins, which predicted 10X gains for the new crypto post-launch.
The project’s blockbuster ICO, which has raised over $8.9 million so far, has entered its final stage.
There are less than 22 days for investors to get in on the ground-floor level of the MIND of Pepe project, as well as unlock the 255% staking APY on offer exclusively to presale buyers.
BTC Bull Token (BTCBULL)
BTC Bull Token is a unique meme coin that will reward its investors with free Bitcoin via airdrops as Bitcoin soars to new heights. The first airdrop will be when BTC hits $150K. Every subsequent $50K increase in the crypto’s price will trigger an airdrop, all the way to $1 million per Bitcoin.
There will also be BTCBULL token burns with every $25K increase in BTC’s price, starting at $125K.
99Bitcoins believes BTCBULL could soar 10X after launch.
Many investors share the same bullish outlook for the crypto, and have poured over $5.4 million into the project’s presale.
Best Wallet (BEST)
Best Wallet is a Web3 wallet taking the market by storm because of its user-friendly interface and range of handy features. The app lets users manage, grow and secure their digital assets all on a single platform.
What’s more, Best Wallet is non-custodial, meaning users are the only ones who can access their crypto on the platform.
A huge week across the Best Wallet ecosystem! 👇
🎯 Zealy Sprint is Live
Complete quests and climb the leaderboard for $BEST rewards.🎁 $300 Discord Giveaway
Be active in Discord — winners will earn from our $300 prize pool.🎁 $200 Telegram Giveaway
Chat, contribute, and get… pic.twitter.com/PEt8hwL2pn— Best Wallet (@BestWalletHQ) May 7, 2025
One of the standout features of Best Wallet is its “Upcoming Tokens” section, which flags high-potential cryptos that are still in their early stages.
So far, the project has flagged Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that went on to deliver massive gains for early investors. Additional perks can be unlocked by simply holding BEST tokens.
With everything Best Wallet has to offer, it’s easy to see why YouTuber Austin Hilton, with over 347K subscribers, says the project’s native token is the best crypto to ever come out.
Best Wallet’s presale has raised over $12 million, showing strong market demand for the project.
SUBBD Token (SUBBD)
SUBBD Token is a new crypto project that aims to challenge popular content creation platform OnlyFans head-on.
What gives SUBBD an edge is its integration with AI and blockchain. By combining these two technologies, the project will address the disconnect between creators and their fans by taking over time-consuming admin tasks such as research, content creation and optimization.
Creators on the platform will subsequently have more time to connect with their audience, offering an unparalleled experience.
What’s more, crypto payments ensure that there are no middlemen that take cuts. From a fan perspective, holding and paying with the token on the SUBBD platform unlocks additional benefits such as VIP experiences, custom content requests and so much more.
With the above in mind, SUBBD seems poised to disrupt the $85 billion content creation industry. The project already has over 2,000 top-tier creators signed up with a combined following of over 250 million.
Crypto analyst and YouTuber ClayBro, with over 136k subscribers, says that SUBBD is set to rival ”huge content creation platforms and produce big gains.”
SUBBD Token has already raised more than $356K in early-stage funding through its presale and offers an attractive 20% annual staking return.
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