A term not created, but revised by the pop culture stans in which, when something is so suddenly unbelievable, amazing or "sickening," your wig is gone. In acknowledgement to your wig being snatched, you would use this term. The context you would use this term in can vary, but it is mostly used in appraisal of something or someone, especially of legends in the pop culture industry.
* Lady Gaga posts a picture on Instagram of her ass with the caption "Princess Peach" *
95% of the comments: Wig !
