Wig

Ricky Dillon explained wig very well in response to a tweet. In his reply on March 10th 2018, he said "Its basically like you're shook. Like something exciting or crazy just happened that made you so shocked that your wig flew off so in short: wig! but if you wanna spice things up you can add an action after that's a synonym for flew or gone. For example: Wig incinerated."

Wig is a term used to describe when someone does something (In their opinion) that is so good that they go bald.

A term not created, but revised by the pop culture stans in which, when something is so suddenly unbelievable, amazing or "sickening," your wig is gone. In acknowledgement to your wig being snatched, you would use this term. The context you would use this term in can vary, but it is mostly used in appraisal of something or someone, especially of legends in the pop culture industry.

Wig is a word used to describe your wig being snatched because you are so shook over something

flew

Artificial hair that someone places on top of their head when they are bald.
It is common known fact that some people look good in whatever wig they wear. For example Ollie .

Wig is short for the phrase (mostly used in 2018) "my wig just got snatched". This just means something is so shocking or original that their wig flew off. Of course not everyone has a wig, but it's all a metaphor for something that has shocked them.