The result of an almost funny, though not quite, joke.
Originated from a mishearing of the term "slow clap", subsequently snowballing into an indiscriminate laugh fest of proportions unbelievable.
Him: You could wax and get a nic fix at the same time... circle by circle.
Her: Oh, snowcap dude. Snowcap.
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An expression of all out joy, similar to the joy expressed by a small child. It is often accompanied by a celebratory gesture of fist-shaking similar to the victory dance of a retarded child, or a person with special needs.
"Dude! Did you see that?! That was a fucking awesome score!"
"SIPPYCUP!"
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