Now a penthouse, you can call me Hi-Top
This is a pun, as the penthouse is the top, most expensive apartment or room in an apartment building or hotel. He’s saying he’s at the top of the game, so he’s in the penthouse, and he’s so rich, that he’s in the penthouse. Hi-Tops are shoes with “high tops”, further playing on the fact that’s he’s at the very top.
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