A gathering at a flee market or food fest attracting the enormously fat, typified by a pot-belly. A person so fat their "Krang" hangs over their belt. Someone reminding us of "Krang" from the Teenage Mutant Ninja Turtle anamie.
I went to the flee market and there was a Krangfest going on everyone there was really fat.
by Chinky Boss July 18, 2013