“I just aped into a new token.” If you hear this, your friend didn’t visit the zoo. They made a very quick, very risky buy.
What Does Ape Mean?
To ape (or “ape in”) means to buy into a crypto project quickly and impulsively, usually without doing any research. You follow the crowd, like an ape copying the rest of the troop.
Example: A token is trending, your group chat is excited, and you buy $500 of it in two minutes without checking what it does. You aped in.
Where Did the Term Come From?
The term spread from Reddit’s WallStreetBets community, whose members proudly called themselves “apes,” with the motto “apes together strong.” The popular Bored Ape Yacht Club NFTs, launched in 2021, made “ape” even more common in crypto.
How to Use “Ape” in a Sentence
- “I aped into that memecoin at launch.”
- “Don’t ape in, read the whitepaper first.”
- “Full ape mode: I didn’t even check the contract.”
Related Words
- Degen: a trader who apes in regularly.
- FOMO: the fear of missing out that makes people ape.
- DYOR: the opposite of aping.
How Not to Get Burned by Aping
- Use a 24-hour rule: wait a day before buying anything new.
- Check the basics: who’s behind it, who holds the supply, is there a real product. See Spot the Scam.
- Use a separate wallet for risky buys, so a bad ape doesn’t touch your savings.
Beginner Rating: ☆☆ — Fun to say, expensive to do.
Pro tip: The people who get rich from aping are usually the ones who launched the coin you’re aping into.
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