IOTA’s Strength Amidst OM Token Collapse

The sudden collapse of the OM token caused a significant loss of over $6 billion in cryptocurrency value within an hour, sparking fear about the stability of real-world asset (RWA) projects. Despite this shocking event, IOTA founder Dominik Schiener emphasized the network’s resilience, highlighting its ability to withstand various market fluctuations since 2015 and enduring multiple cycles across the crypto industry.