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It means usually, “for real”, “On God” , “No Flex”. Basically, it is to describe something of exponential magnitude to a person. Normally used to describe jewelry that costs hundreds of thousands of dollars, a new rarri you bought off the lot, or something you can obtain with ease and if isn’t nothing to someone like you.
Joey: Damn check the wrist, it’s flooded with VVS diamonds all around rose gold ya feel me.
Simpleton: Damn Joey, you’re a Drip God, no cap!

Tekashi 69: I let my nuts hang...right.
Charlemagne Da God: no cap, I bet you do!
Pusha T: Drake got a bastard son, by a butter face trying to hide him.
Drake: It was “God’s Plan”, no cap!
No Cap by TaterTotGod June 11, 2018
meaning "no lie," it is a misspelling of "no Kapp," where Kapp is a FFZ emote on Twitch.Tv, a sliced picture of the emote Kappa, which is used like "suuuuuuure," so "no Kapp" means no lie
guy1: aye bruh u lyin
guy2: it really happened no cap
no cap by kumiko_enthusiast December 1, 2018
Slang for "no lie" or "for real" 🚫🧢
I love James so freaking much. No cap 🚫🧢
No Cap by may_junejuly March 4, 2020
No Lie , On god, a form of telling the truth when someone doesnt believe you
Cristian: Regan no cap you look fine asf
Regan: awww marry me
No Cap by CDrizzle23 June 12, 2018
As much as everyone wants to believe this originated in the hip-hop industry, it actually originated from Twitch.tv. Where there is an emoji called "Kappa" that has been used since 2012 to express sarcasm, joking, or double meaning, due to the grin on the emoji. People on Twitch who wanted what they are saying to be taken seriously began to say "no Kappa", which turned into "No Kapp". Thus, prominent twitch celebrities and streamers such as T-pain and others began using it on the platform, where it most likely found its way to the music industry, and has since been popularized as "no cap", because no community outside of twitch knows what a kappa emote is.
No cap by Zultchy June 17, 2020
Taken from the popular Twitch.tv phrase/emote "Kappa" which means you're joking. Was later shortened to "Cap" outside of Twitch with the phrase being picked up and popularized by influencers.
Concert was great, no cap.
No Cap by CultureSucks April 15, 2019