Plasma's ICO originally had a $250 million deposit cap, which was doubled to $500 million mid-sale after the initial vault filled within moments

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Its ICO was launched earlier today, June 9, with an initial deposit cap of $250 million and a $50 million cap per wallet. Its deposit vaults were filled mere moments later.

The token sale was initially capped at $250 million, but after the vault filled instantly, the cap was doubled to $500 million, which filled as soon as market participants realized the cap had been increased.

After the deposit cap was reached, the Plasma Foundation decided to increase the total cap for deposits to $500 million.