this is the Asian smile emoticon I created. It is based off the fact that a large majority of Asian people throw up a peace sign or two in pictures. In the emoticon it show two peace sign. It is use to express joy, happiness, etc.

A variation is V( ^.^ )V

Briefly, "the realization that each random passerby is living a life as vivid and complex as your own." Originally from the Dictionary of Obscure Sorrows, which has a lot more beautiful neologism definitions like this you might enjoy.

Means your in a happy positive mood, it could also means “peace sign.”