Who y'all respect is probably cross-dressing

from Royce Da 5'9" (Ft. Travis Barker) – Legendary Lyrics on Rap Genius

Meaning

Royce is saying that whoever you respect, most likely, other rappers, is…
1) literally cross-dressing, or…
2) which is more complex, if every rapper could be considered to have their own clothing/colors, much like a gang, other rappers are crossing over and listening to Royce’s raps.

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