They must be based, biased, onioned, and redpilled. They want me to think the "f&÷♡ your dad" song is the pinnacle of humor and they want me to laugh so hard I die of asphyxiation.
Sure it does. To be based on something is to be inspired by it. Or in modern internet slang, based is used to denote something as good, as well as being seen as the opposite of "woke", which is to denote something as bad.
Actually, in the original online context, taken from the rapper BasedGod, the word means to have the integrity to say something that is true, despite the backlash you may get for saying it.
