Could be a hint at the fact that the song is titled “20 Wave Caps”. Do-rags and wavecaps have the same use: to press down on one’s hair in order to create a wave pattern.
Ferragamo is a luxury brand, so Earl’s on his grown man shit.
Another reason the song title mentions wavecaps is because he did a track Earl Sweatshirt – Blade Lyrics on the Radical Mixtape and in the song he starts by introducing himself and Domo Genesis but Domo was away at college at the time, so he didn’t end up on the track. The Last lines of Earl’s verse:
“take that I’m on top like wave caps
This is grade-A rap, Domo bring that bass back, nigga”
This might be the session they didn’t finish.
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