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It means to be very cool, crazy, fuckin great, awesome or it can be substituted as "hell yeah".
"Man I went to a crunkin party last night...fun shit"
"Thats crunkin fo sho"
crunkin by Tigga July 2, 2003
Something that is astonishing, or unbeleivable. Could relate to a party, a young woman, or a car.
"Damn girl, you're all crunkin and shit"

"See Wally's lux ride? Those hydraulics are crunkin."
crunkin by Lil Jon September 10, 2003

crunkin slim

when a white boy is so crunk its sweet
crunkin slim by LilJOnwhattt: August 3, 2005

Crunkin' Jacks 

Performed like a jumping jack however more intense and while yelling out words like Lil' Jon. Intense jumping jacks with Lil' Jon like energy
Joe: *jumping jack* YEAH!!!
Joe: *jumping jack* WHAT!!!

Conrad: What are you doing?

Joe: Crunkin' Jacks!!!
Crunkin' Jacks by Chipper 52 July 7, 2010

Crankin down 

The act of masturbation extremely hard while watching Amish or Chinese porn , or porn in General
"Hey man what are you doing right now ?"
" just crankin down before I go to bed "
Crankin down by camerok8 May 1, 2015
DC slang. Adjetive used to describe really good Go Go music.
Turn dat up. Dat joint crankin like shit.

or

Dat shit crank.
Crankin by DMVRepresenter July 22, 2009