Here's a concise summary of the top-performing and underperforming cryptocurrencies as of May 31, 2025:

📈 Top Gaining Cryptocurrencies (24h Performance)

1. Livepeer (LPT): Surged over 43%, driven by increased interest in decentralized video streaming platforms.

2. Nobody Sausage (SAUSAGE): Experienced a significant rise of 30.4%, gaining traction in the meme coin sector.

3. WalletConnect Token (WALLET): Increased by 34.9%, reflecting growing adoption of WalletConnect's protocol.

4. Gearbox (GEAR): Up by 31.9%, benefiting from advancements in decentralized finance (DeFi) lending platforms.

5. DMAIL Network: Gained 42.66%, as decentralized communication platforms see heightened interest.

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📉 Top Losing Cryptocurrencies (24h Performance)

1. Optimism (OP): Declined by 13.4%, possibly due to profit-taking after recent gains.

2. Uniswap (UNI): Dropped 13.06%, amid concerns over decentralized exchange volumes.

3. Arbitrum (ARB): Fell 12.68%, reflecting broader market corrections in layer-2 solutions.

4. Pudgy Penguins (PENGU): Decreased by 12.52%, as NFT-related tokens face volatility.

5. Fartcoin (FARTCOIN): Down 12.51%, highlighting the risks associated with meme coins.