GOP presidential hopeful Ron Paul says he has raised more than $2.75 million in his latest "money bomb," mostly in small-dollar contributions from thousands of donors.

Paul's latest online fundraising event, which began Wednesday and ended at noon today, brought in money from all 50 states and resulted in a total of 44,527 donations. The average donation was $61.92 while the median was $25.

"This money bomb's success conveys that Ron Paul's supporters, whether independent or loosely organized, are poised to dig in deep and back him" even in troubled economic times, said Jesse Benton, Paul's national campaign chairman.

During his 2008 White House bid, Paul perfected the art of the money bomb -- fundraising done in short, concentrated bursts usually lasting only a few days.

The Texas congressman raised about $8.3 million from July through September and had about $3.7 million in the bank to spend going into the last quarter of the year. That far lags Texas Gov. Rick Perry, who raised $17.2 million in the last fundraising period and has about $15 million cash on hand.