Coqueto translates to "flirtatious" or "coquettish". It's a fantastic word to describe someone, usually a man, who is charming and enjoys playfully flirting.
In this corrido, Peso Pluma embraces this persona amidst a wild night out. He sings, "Sí, soy bien coqueto, pero a ti te quiero" (Yes, I'm very flirtatious, but it's you I love/want), using the word to admit his flirty nature while also declaring his affection for someone special. It's a fun and expressive word that perfectly captures the song's confident vibe.
Peso Pluma and Tito Double P drop you right into the middle of a wild night out. The whole song feels like a boast about a specific lifestyle, starting with driving a Porsche through the city's red-light districts: "Voy por la noche arriba en el Porsche / Recorriendo todos los pinches puteros" (I'm out at night, up in the Porsche / Going through all the damn brothels). It's a scene filled with designer clothes, whiskey, and women who get affectionate after a couple of drinks.
The lyrics are direct and don't hide anything. He talks about showing off money, doing drugs, and carrying a gun with a diamond-studded handle: "ando bien locote, fajada la corta / Bañadas las cachas, brillan los diamantones" (I'm walking around really crazy, with the short one tucked in / The grips are plated, the big diamonds shine). He's proud of this image, saying, "Salí malandro, de lejos, a huevo, yo sé que se nota" (I came out a gangster, from a distance, for sure, I know it shows). It's a blunt description of a life of excess, mixing luxury with danger and partying.