A reference to KRIT’s King Without a Crown

After all,

What’s a king without a crown ho?

Referencing the album this track is on, Return Of The 50 Emcees by Tony Touch (wordplay with his name).

With the huge number of artists on the album, how much of the hip-hop audience can Tony reach out to? Presumably a lot, since he has a track with Eminem on it!

In 2012, Chinese-American basketball player Jeremy Lin, playing for the New York Knicks, had a series of terrific games, with several high-scoring streaks, even out-scoring Kobe Bryant in a 92–85 victory over the Los Angeles Lakers.

This led to a global spurt in popularity, called Linsanity, and Jeremy Lin became the most recognized member of his team, thus taking over the franchise

A rather macabre threat to crack your skull open to reveal your brain, that is often a shade of white.

White meat can also refer to pale meat such as poultry, veal, and rabbit

The flood is used to signify the overwhelming obstacles that Talib faced in life and in the rap game, from an unknown MC in the mid 90s to a well-respected underground MC in the late 90s to early 2000s

Now, he has overcome these obstacles and moving against the direction of the flood, to rise to the top of the rap game

Once you get famous it is common to have people claiming they knew you before the fame, primarily to squeeze a favor or two out of you. Usually most of these people are the ones who never had your back when you were NOT famous and therefore do not deserve any attention now.

This is a common sentiment in hip-hop, as The Notorious B.I.G would say, Mo Money, Mo Problems.

Responding to the accusations of going pop, Talib says that the critics do not have the credibility of legendary rap groups like Brand Nubian to scrutinize his work.

Of late, Talib has been accused of “selling-out” since he has tried to move away from the “conscious rapper” image, even naming his latest album, Prisoner of Conscious.

According to the critics, if Talib doesn’t stay true to his original persona, he might as well start off as a new artist with a new name.

K.R.I.T is still underground at heart, even naming his commercial debut album Live From The Underground. As mentioned on the album’s title track, he is just beginning to find popularity in the mainstream and is primarily an underground rapper.
This also refers to his music. He will never sell out and stick to his style of underground music which he made before he signed to Def Jam; he is the peoples' rapper.