The ASCII Boxing Match meme is a creative use of text characters to depict a physical confrontation between two entities. Popularized on platforms like Twitter and Reddit, these 'text-art' memes bypass the need for images by using symbols to create a sense of motion and conflict. Users typically assign labels to each 'boxer' to represent relatable struggles, such as 'Weekend' vs 'Responsibilities' or different tech stacks battling for supremacy. Its charm lies in its retro, lo-fi aesthetic which harkens back to early internet forums and BBS boards, proving that simple characters can convey intense, hilarious narratives.