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One of two things:
1. A simple misspelling.
2. Not just the "holy" before "holy shit", or whatever you want to put after the "holy", but surprised and shocked.
Definition 1: Normie - "Despacito is the holy bible" Anyone not fucking retarded - "That jokes not even funny fucktard" Normie - "REEEEEEEEEE"

Definition 2: John - "HLOY SHIT MAN THE HOT GIRL SAID YES!" Jim - "She's not a girl." John - "Oh shit, shes trap?
hloy by Victorious38 June 16, 2018
Related Words

Hloyal Management & Pr 

Hloyal Management & Pr

H•Loyal Man•age•Ment & P•R

1.) Management, public relations firm that was founded in 2012 in Austin, Texas by William Boyd Harris Jr.
I Work like that boy who started Hloyal management & pr.