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1.
(adj.) -Made famous (if not created) by the (sadly short lived) MTV show "Sifl & Olly"...

Meaning: "cool to the upmost degree"
"That concert was Cresent Fresh!"
by Rev. LancE ShaffeR March 05, 2004
34 5
 
2.
It's an adjective describing something really-really cool.
hey, look at those cresent fresh skulls in my salad.
by Olly June 26, 2003
30 4