The subject of this article is nonstandard and will not be understood by most speakers.
If you are a learner, this information will not help you speak the language. It is recommended to familiarize yourself with the standard style, and to be informed and selective about which nonstandard styles you adopt.
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kokoliko relates to the genus Gallus, that is, chickens, roosters, and junglefowls. It comes from French cocorico, equivalent to English cock-a-doodle-doo, the sound of a rooster. The rooster is the national animal of France, and crying "cocorico" is a common way of expressing pride in being French.
panke relates to French culture or the French language, such as making a calque out of it. It may also refer to a baguette, commonly associated with French people and culture. The word was derived from the Toki Pona word pan and French baguette.
nasin panke, meaning "French style of speech", is itself named after this word.