The act of going out to find lonely, eager or desperate virgins for the simple goal of busting her hymen. Can be done in numerous ways, and usually ends up as a bloody mess if done properly. Usually done by 17-21 year old guys on 14 year-old scene chicks.
See also: cherry popping
Guy 1: Yo nigga watcha doin tonite?
Guy 2: Cherry blasting mofucka
Guy 1: Damn, bro bring a towel. Cuz dat am shit.