What's the noun for loling? Here's the word you're looking for.
lolspeak
(Internet slang, neologism) The speech of lolcats, consisting of spelling variations of English, imitating the speech of children and some regional accents.
(Internet slang) Internet slang, often through initialisms such as those associated with the word lol.
“Have you seen the latest lolcat on social media? It's filled with adorable and hilarious phrases that perfectly capture the essence of internet humor.”
“She can focus on her work, Skype with her friends, and watch lolcat videos on YouTube without worrying about her sound driver.”
“When he and his wife began to have children, they nicknamed them after Internet memes like the lolcat holiday, Caturday.”