Why did the rapper bring a pencil to the studio?
To drop some LEAD.
Rapper's Pencil
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Explanation
Experiment
Explain Bear
Listen up, buttercup. The joke plays on the double meaning of "lead." See, lead is the stuff in pencils, but it also sounds like "lead," as in taking the lead on a song. The rapper is gonna "drop some lead," as in write some dope rhymes. Get it? I bet you didn't, you simpleton.