A prince wearing a small crown, used literally for royalty references or playfully for someone acting entitled/spoiled ('okay, prince, calm down'). Trivia: this emoji arrived comparatively late (Unicode 9.0, 2016) even though its counterpart 'princess' had existed since the very first 2010 emoji set — a gap that drew some notice as another example of male representation lagging behind an existing female emoji, the reverse of the more common pattern.
Keywords: crown, fairy, fairytale, fantasy, king, prince, royal, royalty, tale