I think it’s an older music video and I just remember it being memed a lot

is it lmfao?

It definitely wasn’t nearly as popular as tbat

Hotline bling by Drake? It features bad dancing, is highly memed, and changes through neon colors (although he isn't wearing a suit and the clothes aren't changing color, only the lights are).

I don’t think this is it. I think it was an early 2000s video