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1.
Means the same thing as:
Whats up? Whats going down? Whats happening?, Whats doing?, Whats the go? or Whats the deal?
Answer is 'not much' or 'im just doing...' NOT 'good', 'pretty bad' etc.
Variation of 'whats cracking?'.
"Yo' whatz crackulatin', nigga?"
"Nothin', jus' chillin'."
by Diego August 25, 2003
23 9
 
2.
What is going on?
Whats crackulating?
by Chris Wilson August 14, 2003
14 4