Pi was the first project i mined when I came into the space, first i though it’s something that would be after like a year interval or so, I kept mining for months until I got tired of the project I stopped mining, I’m lucky enough to remember the password I used to create this Pi account, I’ll say I’m among the set of persons that airdrop paid up to a million+ but greed didn’t let me sell, just imagine me budgeting money that’s still alternating. By the time I was ready to sell, Omo this coin dump like mad…. With the way the market is right now, it’ll take almost 2 years before Pi will retrace to it’s previous listing price..
The dump on pi is massive, people that decided to hold are now regretting why they didn't sell on time... unfortunately I couldn't participate in this project because I lost my login details few years ago and I lost interest.. The mining journey of pi took a long road and based on serious it was a lot of people were expecting it to compete with Bitcoin, I knew that it wasn't possible..like you said, it crashed way below people's expectations and it might take a while for the price to increase again.