What is rotating caps?

This is seen mainly in Xbox gamertags. People will make a gamertag such as xXxLeGiTsNiPeRxXx, which has rotating caps. This is basically when there is a word or phrase that alternates between lowercase and uppercase letters.

Jeff: Hey add me on Xbox Live
John: Alright, what's your gamertag?
Jeff: xXxLeGiTsNiPeZxXx
John: ... are you serious...
Jeff: What?
John: You have rotating caps in your gamertag...
Jeff: 1v1 me!

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rotating caps - video