Ape
Slang for entering a trade or project quickly with high conviction and limited due diligence.
To "ape" into a token means to buy aggressively and quickly, often based on hype or social signals rather than thorough analysis. While sometimes profitable during speculative mania, aping carries high risk of loss when momentum fades or if the project lacks fundamentals.
"I aped into that new meme coin five minutes after launch and doubled in an hour, then it rugged."
- High odds of volatility, illiquidity, and scams
- Consider position sizing, slippage controls, and exit plans
Related Terms
FOMO (Fear Of Missing Out)
→Fear Of Missing Out (FOMO) is an emotional response in trading, driving individuals to invest due to the fear of missing out on potential profits.
Pump and Dump
→A manipulative scheme to inflate the price of an asset and then sell it to unsuspecting investors.
Shitcoin
→A derogatory term for a cryptocurrency considered worthless or doomed to fail.
All terms and definitions may update as the Cryptionary improves.
