Apeing (or "aping in") is crypto slang for buying a token quickly and in size, usually because of hype, without much research. A trader who "apes into" a new meme coin or NFT mint is acting on excitement or fear of missing out rather than analysis. The word draws on the "ape" self-image popular in online trading communities around 2021, including the Bored Ape NFT collection. Apeing is the opposite of the advice to do your own research. It can pay off when a buyer is early, but it also exposes people to rug pulls, honeypot contracts and sharp crashes once early holders sell. Many who ape in end up as a bagholder.