Talk:Fancy Pants/@comment-10390252-20140307103704/@comment-17116454-20150614022754

I think it's meant to mean how important his status in society is. The three crowns are equivalent to the term "Triple Crwon". The Triple Crown is usually described in sports, mostly horseracing, as the act of winning the three most important events in a certain sport. By doing this, you receive a high status amongst society.

In addition, Fancy Pants invites Rarity to a Wonderbolts derby, which is suppose to resemble the Kentucky Derby. As mentioned before, the term Triple Crown is mostly associated with horseracing.

But that's just my opinion.