Noun
(Internet, slang, often ironic) An Internet meme with a humorously tongue-in-cheek tone derived from gaudy or surreal aesthetics.
Born too late to explore the Earth; born too soon to explore the galaxy; born just in time to browse dank memes
(Internet, slang, derogatory) A usually overused meme, especially one which is overly ironic or offensive; a meme which is popular among unfavorable circles.
Source: en.wiktionary.org