The latest Cardano news is cautious. ADA fell 5.90% to around $0.24 on October 13, futures open interest dropped to $504.96 million, funding turned negative, and RSI sits at a neutral 48. Sui crypto traders had a rather bumpy day too, with SUI down 6.45% over 24 hours to $1.06 despite a 5.41% four-hour bounce, as roughly $803 million in liquidations rolled through the wider market.
Both chains have stories worth following, and both could bounce. But the louder story belongs to BlockDAG. BDAGUSD is now minted, all 500,000,000 of it, and the presale window at $0.0000000007 closes Thursday, 15 October. Anyone hunting the best layer 1 crypto before BlockDAG and BDAGUSD exchange listings begin has only the final hours left to act, and BUYBACKNOW holders go first in line.
BlockDAG BDAGUSD: 500 Million Coins Minted
500,000,000 BDAGUSD minted. $151,700,709.03 in recorded buyback balances. 3,273 unique eligible wallets. 18,415 buyback entries. Those numbers prove BlockDAG delivered. BDAGUSD was delayed because legal and regulatory requirements blocked the original structure. The team did not walk away. Legal, compliance and technical teams kept working until they built a new compliant structure through a different issuing company and jurisdiction. The refund was reversed, and balances now show on dashboards.
V1 and V2 balances were reconciled by wallet so nothing is duplicated. The contract is live, the supply is minted and distribution has begun. For anyone weighing the best layer 1 crypto, a project that got stuck and shipped anyway says far more than any chart.
The last door is still open. New BDAG sells at $0.0000000007 with code BUYBACKNOW, and the $0.03 platform buyback reference applies to every eligible BDAG. Put those two figures side by side and the gap is the whole story. The presale closes Thursday, 15 October. After that, the only way in is the open market once exchange trading begins.
BUYBACKNOW buyers enter the first distribution queue with priority verification. Everyone else follows. Same moment, different place in line. Next come BlockDAG and BDAGUSD exchange listings, then CoinMarketCap and CoinGecko registration, with both rollouts starting this week. For many, this is the best layer 1 crypto window of the cycle, and it could shut in hours.
Cardano News: ADA Tests A Make-Or-Break Support
The latest Cardano news centers on a support test. ADA fell 5.90% to $0.24 on October 13, inside a 24-hour range of $0.25 to $0.22. FXStreet flags a cluster near $0.2300, where the 50-day EMA sits at $0.2302 and a rising trendline breaks at $0.2264. Lose that and the August 30 low at $0.1894 comes into view. Reclaim the 200-day EMA at $0.2414 and the next hurdle is $0.2561.
Derivatives data adds to the caution in the Cardano news flow. Futures open interest dropped to $504.96 million from $549.14 million a day earlier, and the weighted funding rate flipped to -0.0121%, a sign shorts are gaining ground. The Binance taker buy and sell ratio reads 0.8196, so sellers are leading. RSI reads a neutral 48 and MACD points down. Separately, the Cardano Card, built with Wirex, will be discontinued on 31 October. Retail appetite for ADA looks thin right now.
Sui Crypto Bounces After A Sharp Daily Drop
Sui crypto had a choppy session. SUI traded at $1.06 early on October 13, up 5.41% in four hours from $1.01 but still down 6.45% across 24 hours, with a market cap near $4.32 billion. Short liquidations of $70,000 hit across Binance, Bybit and OKX in a single hour with no long liquidations, which points to a brief short-term squeeze inside a wider decline. Nothing specific was blamed for the move, so it reads as market-driven.
Context matters for Sui crypto too. About $803 million in positions were liquidated across the market in 24 hours, 86% of it longs, as Bitcoin briefly dipped below $81,000 during an Asian chip-stock sell-off before recovering to about $83,944. The Sui ecosystem still has catalysts ahead, with the Hashi Bitcoin finance rollout and USDC transfers in Samsung Wallet both due later this month. Until those land, SUI could keep swinging with the broader market.
The Only Thing Still Open Is The Presale
The latest Cardano news is a support test at $0.23 with falling open interest and negative funding. Sui crypto is bouncing inside a market-wide liquidation wave after a 6.45% daily drop. Both could recover, and both deserve a close watch. Neither has a deadline attached.
BlockDAG does. The contract is live. The supply is minted. Distribution is beginning. The exchanges are next. Holders who stayed are collecting, BUYBACKNOW buyers go to the front of the queue, and anyone still on the sidelines is next to miss out. If you are searching for the best layer 1 crypto before the open market takes over, the presale at $0.0000000007 is the last entry left, and it shuts this Thursday, 15 October. There is no wait-and-see left. Same moment, different place in line.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
