Available data strongly supports Chamath’s view so far, but it cannot prove a "never" prediction.

What’s happened to BAYC prices since the podcast (May 31, 2024):

• BAYC’s floor price peaked around 128–153 ETH in 2022, over $400k at the time. (cointelegraph.com)
• By April 2024, before the podcast, the floor had crashed to about 11 ETH, more than 90% below the peak. (cointelegraph.com)
• On May 1, 2024, CNBC reported a floor of about 13.4 ETH, versus a 128 ETH peak. (cnbc.com)
• In June 2024, multiple sources reported BAYC briefly plunging below 10 ETH (around 8.95–9.5 ETH on Blur/OpenSea). (knightsbridgedigital.com)
• A July 22, 2025 overview notes that by mid‑2025 the floor price was still only roughly 11–13 ETH. (digitalcollectables.biz)
• As of November 10, 2025, reports again show BAYC’s floor under 10 ETH (about 8.95 ETH on Blur, 9.49 ETH on OpenSea), still down more than 90% from the 2022 highs. (bitexes.com)

Interpretation:

• Since Chamath’s May 2024 comment, BAYC has not “gone back up” anywhere close to prior bubble highs; it has instead stayed in the ~9–13 ETH range, over 90% below peak levels.
• That is consistent with his claim that the apes would not recover to their old bubble valuations and would remain effectively crushed in value relative to the peak.
• However, because his wording was effectively "never" (no meaningful recovery ever), and markets could in principle re-inflate in the future, we cannot definitively say the prediction is finally and irreversibly correct.

So, based on the data up to November 30, 2025, the prediction has not been falsified and is currently tracking well, but in strict terms it remains inconclusive (too early) to declare a timeless “never” prediction fully right.