The "(✿◠ワ◠)(ˆ//∀//ˆ◍)" emote or "We're laughing together" emote is a combination of two different emoticons. The first part, "(✿◠ワ◠)", represents a smiling face with closed eyes and rosy cheeks, while the second part, "(ˆ//∀//ˆ◍)", represents a blushing face with a wide smile. Together, they convey a sense of joy and amusement, often used to indicate that the sender and receiver are sharing a laugh or finding something funny together.