# $VELVET Social Sentiment & Intelligence — 2026-08-02 04:20 UTC

> **Asset:** $VELVET  
> **Momentum Status:** Stable  
> **Timestamp:** 2026-08-02 04:20 UTC (2026-08-02T04:20:00Z)  
> **Canonical URL:** https://cryptitalk.com/2026-08-02-04-20/crypto/VELVET  
> **Overview Brief:** https://cryptitalk.com/2026-08-02-04-20/crypto.md  

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## 10-Minute Social Metrics
- **Posts Analyzed:** 1
- **Total Impressions:** 5.7K
- **Likes:** 138
- **Retweets:** 19
- **Comments:** 11

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## Momentum & Sentiment Analysis
Total Engagement - Comments: 11, Retweets: 19, Likes: 138, Impressions: 5663


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## Cited Community Posts & Evidence


### Post #1 by @jeg6322
> **Author:** [@jeg6322](https://x.com/jeg6322)  
> **Metrics:** 23 likes · 0 retweets · 2 comments · 4.8K views  


> **Source Link:** [https://x.com/jeg6322/status/2083533476406698385](https://x.com/jeg6322/status/2083533476406698385)  


> **Visual Context:** This image from Sui's website details how stablecoin revenue, totaling $2.2M YTD, is used to buy back 300.0K SUI, with $442.2M in total stablecoin supply circulating. The text "Stablecoin growth pays for buybacks" reinforces the post's explanation of this mechanism.  

> 
> "noticed Sui has a buyback page, but after looking into it, turns out it’s been running for quite a while

the main thing is that it’s tied to stables
> revenue from Sui stables like USDsui and suiUSDe is used to buy SUI on the open market onchain
> the SUI isn’t burned after the"




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## Contributing Accounts

- `@0xshowmaker` (https://x.com/0xshowmaker)