I'm on top of the world, hold my pedestal

from Kendrick Lamar – Violin Freestyle Lyrics on Rap Genius

On top of the world can be another way of saying you are the best of the best in your chosen craft, generally those who are the best at something as proven by winning a competition get to stand on a pedestal to receive their medal, therefore, Kendrick claims he is on top of “the game” and tells lesser rappers to hold the victor’s pedestal that he is perched upon.

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