$PI has dropped significantly, falling to $0.66 from its previous high of $2.2. If you mined PI and sold it in the $1.5 to $2 range, you likely made a smart move.

PI Network, which launched its mining platform in March 2019, took six years to list its token. However, its massive total supply of 100 billion PI raises serious concerns about its ability to recover.
One major issue is PI Network's questionable KYC process. The team deliberately avoided providing KYC slots to users holding larger amounts of PI, which was necessary for migration to the PI mainnet. Instead, they prioritized users with less than 300 PI, leaving many larger holders unable to migrate their tokens.
This strategy suggests that the PI team may have used the hype around the project to dump their allocated tokens on retail investors.
Looking ahead, the token's value is likely to decline further due to its inflationary model. It’s possible that PI could lose another zero in its price, making it even less valuable over time.