Pi appears overhyped at the moment in my opinion based on research. Its value today is more about hope and community size than real-world application.
That contradicts. If it's overhyped, then the hope is about to lose once that overhype is over.
It appears to me that many crypto enthusiasts are into it but if one wants to be involved, it makes sense only as a speculative bet, not as a guaranteed path to riches.
Not too many IMO but just holders of it that can't sell right now because the price has been lower than the cost of their investment. And don't think of it as it will make someone rich, maybe it did but for early sellers and that was during the top and include the devs of it.