wagaBounce

What the picture shows

A low-resolution yellow cat-like face with huge round black eyes, a wide simple smile, and a white speech bubble beside it, drawn in a crude pixelated style. Chatters likely use it to react with a blank, overly happy or oblivious expression, often when something silly or confusing is said.

No measured meaning yet. Used 5 times in 2 channels this month; one is written once chat gives enough evidence.