Crypto market has been green for quite some time. And most projects seems to be having a successful token sales, reaching softcap. Is there a particular reason for that?
Yeah, reaching softcap is very important for a project to start implementing their plan and from the way the market is going I believe a lot of crypto project will start getting positive turnaround
Usually the softcap is set based on the basic need the essential needs; Anything extra is a plus. Whatever the team raises beyond the soft cap can help the project do things faster.