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Crypto Terms:  Letter A

What is Apeing?

Meaning:
Apeing - a phenomenon in the crypto industry when a trader purchases a token shortly after its project launch date without thoroughly researching it.
easy
1 minute

Let's find out Apeing meaning, definition in crypto, what is Apeing, and all other detailed facts.

Apeing occurs when cryptocurrency traders buy a new token or currency not long after its project launch. The name was chosen to describe the ‘low-IQ’, ‘monkey-like’ behavior of buying without thinking or researching.

Traders that engage in apeing tend not to do substantial research before buying. These purchases are often driven by fear of missing out (FOMO). Traders may believe that if they do not rush to buy, they may lose out on potential gains.

Apeing as a term was popularized during the 2020 DeFi Summer. A large number of sudden and prior unannounced token projects were launched. Traders who bought the tokens of these projects soon after their launch made notable profits, leading to a bigger wave of apeing behavior.

This behavior is often brought upon by social media trends, as traders who see others online discussing their profits try to emulate them by finding a newly launched project and investing in the tokens with minimal research.

virus is usually an executable file or code that is developed to invade computer systems. Nowadays, we fully believe that an antivirus program can <strong>protect<\/strong> our personal information and files from <strong>Adware and spyware, ransomware and keyloggers, backdoors and rootkits, trojans, worms, dialers, fraud tools, and so on.<\/strong><\/p>\n<p>However, it frequently includes network firewall capabilities, such as defending us against spam, scam, DDoS assaults, and even <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-phishing/">phishing attempts.<\/p>\n<p>Nevertheless, there are certain disadvantages. <strong>Antivirus software is known to slow down PC performance.<\/strong> There have been cases where the software deletes applications, damages operating systems, and even produces good findings after the machine has been infected with a virus.<\/p>\n<p>Aside from that, individuals have a tendency to <strong>overestimate<\/strong> their own security and seek to accomplish things that are risky. Antivirus software cannot give complete security without vulnerabilities, particularly when it comes to emerging threats.<\/p>\n<p>This is where new technologies such as sandboxing and data mining come in helpful. As a result, in order for an antivirus to function properly, it must be updated on a regular basis. <strong>Norton, Avast!, ESET NOD, and McAfree<\/strong> are the most well-known and widely utilized examples.<\/p>\n<p><em>Keep in mind that, free and paid options provide different levels of protection. Even though a free version can be enough for some, you can&rsquo;t expect your online data to be 100% safe without spending a cent.<\/em><\/p>","definition":"software that's designed particularly to identify and remove viruses from a computer.","status":"published","meta_title":"What is Antivirus? Definition & Meaning | Crypto Wiki","meta_description":"Antivirus meaning: Antivirus - software is designed particularly to identify and remove viruses from a computer.","meta_keywords":null}" :model="{"id":57,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Slang","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","updated_at":"2024-01-09T17:50:02.000000Z","slug":"what-is-apeing","title":"What is Apeing?","section":"A","keyword":"Apeing","content":"<p><strong>Apeing<\/strong> occurs when <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrency traders<\/strong><\/a> buy a new token or currency not long after its project launch. The name was chosen to describe the &lsquo;low-IQ&rsquo;, &lsquo;monkey-like&rsquo; behavior of buying without thinking or researching.<\/p>\n<p>Traders that engage in apeing tend not to do substantial research before buying. These purchases are often driven by <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fomo/">fear of missing out (FOMO)<\/strong><\/a>. Traders may believe that if they do not rush to buy, they may lose out on potential gains.<\/p>\n<p>Apeing as a term was popularized during the <strong>2020 DeFi Summer<\/strong>. A large number of sudden and prior unannounced token projects were launched. Traders who bought the tokens of these projects soon after their launch made notable profits, leading to a bigger wave of apeing behavior.<\/p>\n<p>This behavior is often brought upon by social media trends, as traders who see others online discussing their profits try to emulate them by finding a newly launched project and investing in the tokens with minimal research.<\/p>","definition":"a phenomenon in the crypto industry when a trader purchases a token shortly after its project launch date without thoroughly researching it.","status":"published","meta_title":"What is Apeing? Definition & Meaning | Crypto Wiki","meta_description":"Apeing meaning: Apeing - a phenomenon in the crypto industry when a trader purchases a token shortly after its project launch date without thoroughly researching it.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? 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