These days I would say MPV is a better player for simplicity and performance but I still keep VLC as the workhorse.
I'm using VLC since the codec pack times and it always did what it was supposed to do. Never had any relevant issues with that. I only knew it as THE go to program if you didn't want to bother with codecs anymore. I've never heard about this "meme" before.
VLC 4.0 will get gapless audio and a different audio management, that will improve the quality.
I do remember the offending song had a deep sine wave bass. The issue sounded like non-saturated clipping, integer overflow.
It drove me crazy, because at first I suspected my bluetooth headphones, etc. I tried to reset VLC completely, reinstall, tried to reduce levels below 100%. But nothing helped.
Edit: Couldn't find the files for now. I'll make sure to send them to you once I find them.
Edit: Ubuntu and VLC 3.0.4 has the same problem.
this is the audiofile: https://meta.metaebene.me/media/mm/fs235-sechzehn-bar-blonde...