A word originally used to show being cool, relaxed and overall
awesome, now being used for the same reason but end up getting the opposite results.
Other variations exist like:
Swug, a level of swag higher than swag
Sweg, an alternative spelling method used by gamers or in chats
Swog, opposite of swag
Swig, a quick drink of a beverage (or swag of an unusual manner)
Random Gamer: Oh man! Did ya see that kill? That was pure sweg.
Person 1: Woah! How'd you do that?
Person
2: Swag.
Person 3:
Nevermind...
Person 1: I got so much swag!
Person
2: Sounds like swog to me.