I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
It's normal for me, do you even see an ICO can collect 5-20 million dollars in 1 minute? I saw some, there is an ICO that can raised that much only from presale. If the project is really good and so much hype, the ICO results can do that. So i'm not surprised with that $1.5m in 50 hours.