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Deep in the crusty areas of the eastern coast of the United States you have very ghetto people who say the word ‘im hip’.

Im hip means I know.
Hip means to know.

Ex:

Im hip - I know

Get me hip - tell me
She’s/he’s hip - she/he knows

We were hip - we knew

(And so on).
Random: “Barbie is such a hoe for Ken.”
Me : “yeah im hip, she always talks about it.”
Im hip by welcometotheastcoast December 18, 2020
1. To agree, concur or express understanding of something.
2. Being in "the know" or knowledgable about a subject.

1. Person 1: "Man this song is off the hook!" Person 2: "Yeah, I'm hip!"

2. I'm hip to the music scene.
I'm hip by Nabru September 26, 2005

i’m hip 

It means I know or I’m aware of something
Sarah: This strawberry wine is so delicious

Mark: I’m hip!
i’m hip by Partygirl4life January 1, 2019

I’m hip 

I’m hip is a common way to say “I know”.

-
Mostly used across the eastern coast of the United States.
P1: Bruh Jessica talks so much shit
P2: I’m hip
I’m hip by Eastc0ast March 17, 2020

I'm hip to that.

1. To be cool with something.
2. To agree with; to ok.
3. Phrase used by Ms. Cox at MHS in Tennessee.
Student: Would it be ok if I wrote a rant for my final work?
Ms. Cox: Sure, I'm hip to that.
I'm hip to that. by Jeremy from MHS September 22, 2008
I know.
Alex: I broke up with Rich.
Me: I'm hip.