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A caret is sometimes used to comment on a message above yours on a forum or in a chatroom (See Example One).

Sometimes, another message can be thrown between, causing confusion (See Example Two).
Example One:

Person: I liek big buttz and i cannut lie
Person2: ^ Thanks for sharing.

Example Two:
Person: I like to watch the sunset reading a long novel about romance and shit.
Person2: WHO LIKES ROLLERBLADING IN THE NUDE? I DOOOOOOO!1!!11!one!!
Person2: ^ Ur so hawt

And that's how you use a caret.
by ZCR June 21, 2014
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Apr 24 Word of the Day
A cultural and aesthetic mind-state that prioritizes making money, even as an “underground” or “radical” creator. The work isn’t made for money, but it’s the money that matters the most.
“Dude, his stuff is pretty out there but he’s still pretty Finance Punk.”
by Pop Pop Bienstock April 01, 2021
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2
Using the caret symbol next to a word or on its own denotes irony. It's the equivalent of raising ones brow.
Patrick: Jesus is the one true Lord, get your head outta your ass.
Michael: ^ (caret, or "raise to" symbol)
by Cpt.Oblvious October 27, 2018
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