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A term that describes when a situation or thing is really cool and hype and shit. It's basically just saying "Litty!" but for some reason, you feel the urge to rhyme and say the word "Titty", so it just comes out as "Litty Titty".
Person 1: "We're gonna go to a sick party tonight and *insert something cool* is gonna be there so you know it's gonna be 'Litty like a Titty'".
Person 2: "'Litty Titty!'".