A lokote is a gang banger which is beyond Loco. It is an extremely psychotic individual who is down with his set and would shed his blood or others in a heartbeat for his gang.
It is a term created by a gang from Granger WA. The complete name of the gang is Lil Valley Lokotes. The mahority of it's members are in prison due to there Lokote lifestyle.
First guy: What's up Homie? What set You bang?
Lokote: Lil Valley Lokotes' Puto!