MIGGLESMIGGLES Price

On August 20, the Federal Reserve's meeting minutes indicated that Fed staff expect overall inflation to decline in the second half of this year, primarily due to anticipated decreases in retail gasoline prices, while core inflation is expected to slow modestly. Real GDP growth is projected to be slightly above potential growth next year, with financial conditions and AI-related investments providing support to the economy. The unemployment rate is expected to remain close to the long-term equilibrium level estimated by Fed staff this year, with a slight decrease next year, falling to just below the long-term equilibrium level by 2028. Compared to the forecasts made during the June meeting, the Fed staff's outlook for economic activity appears somewhat weaker, mainly due to recent data performance falling short of prior expectations. The Fed staff still believes that their economic forecasts face significant uncertainty, stemming from the current geopolitical situation and the unclear economic impacts of AI investments and applications. Overall, the risks to the forecasts for employment and real GDP growth are skewed to the downside, while the risks to the inflation forecast are tilted to the upside, with one risk being that inflation may prove to be more persistent and longer-lasting than the Fed staff anticipates.

As monitored by ai_9684xtpa, this morning, two minutes ago, the whale 0x3b5...fe4E9 added 5.84 million MIGGLES of unilateral liquidity to USDC/MIGGLES, worth $610,000.

During the period of 08:52-09:55 this morning, a whale with the address 0x3b5...fe4E9 spent a total of 1.13 million US dollars to buy 11.83 million MIGGLES at an average price of 0.0959 US dollars, pushing the coin price up by 36% in the short term. Currently, the whale has a floating profit of 142,000 US dollars, as monitored by on-chain analyst @ai_9684xtpa.