Drinking so many vibrantly colored alcoholic beverages (i.e. boozey juice, watermelon dekuyper pucker, etc.) that your stomach becomes engorged and thus, you "dragon."
In other words, your vom looks like dragon fire. It's pretty impressive.
Brenna: Hey Kira, are you going out tonight?
Kira: Absolutely never. I was dragoning so hard last night.
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