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Derived from the greek words: Krispy: so clean and flossy. Kreme: lookin' like they have lots of dough. And Gangsta: keepin it real.

someone who keeps it so Krispy, they never wear the same clothes twice. Not only do they keep it real gangsta, but they look real smooth doing it.
I met that dude Joenutz last night, he crossed me as being a Krispy Kreme Gangsta
by Jorge Lechuga November 24, 2007