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A combination of "lol" and "!!". It's used to express laughter and excitement at the same time. Also can be used just as an emphasized "lol".
"Dude, my night class is canceled because my professor got a nasty hangover from a student party he went to the other night, so now I can come out tonight!"

"!o!, that is awesome man!"

or

"Ahh, my mom canceled my xbox live account!!!"

"!o!, sucks to be you!"
by Slinky O October 27, 2009
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Jun 6 Word of the Day
True of COVID-19 sufferers and of George Floyd. The key phrase at this moment in American history.
"I can't breathe, said Floyd as he was being suffocated. "I can't breathe" thought more than 100,000 victims as they were dying of Covid. "I can't breathe" chanted countless Americans in the streets, protesting enduring police brutality.
by Monkey's Dad June 01, 2020
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