>>93391722It's two memes.
The first is "Hey Peter" which as far as I can tell is basically just another shitty kiddie meme format a la 4 panel minion comics, with unfunny punchlines ripped from black people on twitter and youtube e-celebs.
The second, the red B, is a parody of how allegedly Bloods (the gang) never say Compton (the shithole) because the C represents the Crips or some shit, so they type Bompton (with red B) instead to shoe their allegiance. Black people on Twitter figured out how retarded this was pretty quick, hence why it's often associated with hood memes, my nibba.
