Having at least one objective characteristic somewhere, somehow, is more than zero though.
We have "HODL" which is a cultural phenomenon, which itself is a typo.
We have numerous memes images of cultural significance which is made with very low production value because their original makers had a great idea but not very good image editing skills.
I don't think that "production correctness" or "precision" is a metric that art can be evaluated on.
A cultural phenomenon is not art in my opinion. I think things can be made by people and found interesting and well liked without them being art just as a natural phenomenon can be interesting and well liked.