Apeing bitcoin means buying a larger amount than usual due to your confidence or bullish feelings about current market conditions.
However, the term has been co-opted by the wider cryptocurrency community and in this context refers to failing to do your due diligence and investing correctly. Apeing, in this case, would refer to someone who buys a token shortly after launching the Token Project, NFT Project, or DEFI Project without doing extensive research.
Apeing can also refer to seeing the price of bitcoin or a shitcoin increase dramatically for no concrete reason but pure speculation.
“So many people apeing in.”
Monkeys play games in the market today.