First coined by the up and coming artist ‘Slim K,’ the term “ayy caamon” can be used in multiple ways; as a greeting to good friends, as a reaction to a joke or news, or as a gang reference. The latter definition is notoriously used by the great CJ Rawlins.
When anyone sees Watkin Samuel they exclaim, “Ayy Caamon” in delight

Or
When the conversation has died but Kit is around, “Ayy caamon boys”
by Kane Zaleeque May 27, 2021
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