As of my last update in January 2022, "Pi Coin" was a cryptocurrency project that aimed to create a decentralized and user-friendly digital currency. However, it's essential to note that there are numerous cryptocurrency projects, and their success can vary significantly based on various factors such as technology, adoption, regulatory environment, and community support.
Without specific information about the current state of Pi Coin or any updates beyond my last training data, I can't provide an opinion on its current status or potential. If Pi Coin has undergone significant developments or changes since then, I recommend researching the latest news, community discussions, and technical analyses to form a more informed opinion. Additionally, exercising caution and conducting thorough research before investing in any cryptocurrency is always advisable due to the inherent volatility and risks associated with the crypto market.