ape
What does ape mean?
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.
Origin
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.