In cryptocurrency, “Ape” often refers to investors who impulsively buy a cryptocurrency, typically a meme coin or a new project, without doing thorough research. The term comes from the phrase “Ape in,” suggesting an enthusiastic and reckless approach to investing.Ape investors are driven by hype, social media trends, or Fear of Missing Out (FOMO). They tend to jump on a bandwagon quickly, motivated by potential short-term gains. This behavior can lead to significant price volatility, as large groups of investors might rush to buy or sell a particular asset.The term is often used humorously in online communities, but it also carries a cautionary note. While some may profit from these quick moves, many others can suffer losses due to lack of due diligence. The “Ape” mentality highlights the risks associated with speculative investing where the decision-making process is dominated by emotional impulses rather than rational analysis.

Circle Introduces Bridge Kit to Simplify Crosschain USDC Transfers
Circle has launched the Bridge Kit, a new developer toolkit designed to simplify cross-chain transfers of USD Coin (USDC) through