ape
Buy in fast and hard without doing the homework.
Definitions
To buy a token, NFT, or stock impulsively — usually a large amount, usually without research, usually because the chart is going up or your timeline is hyped. 'Ape in' is the full phrase. Carries a self-aware acknowledgement that this is dumb behaviour, which is part of the appeal.
A holder of a Bored Ape Yacht Club NFT, or by extension any of the related Yuga Labs ape collections. Defines a whole sub-tribe of Web3 culture circa 2021-22, complete with celebrity holders and a $4bn market cap at peak.
A retail investor in r/WallStreetBets parlance, especially during the 2021 GameStop saga — 'apes together strong'. Self-deprecating shorthand for an army of small traders moving as a swarm against hedge funds.
ape In A Sentence
Origin & Usage
Verb sense from earlier finance forum slang ('ape into a trade'). NFT sense from Bored Ape Yacht Club (launched April 2021). WSB sense crystallised during the January 2021 GME short squeeze.
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