Go to WO, (https://bitcointalk.org/index.php?topic=178336.0) I'm sure you will see a lot of meme there.  . What's the algorithm though for selecting the best meme?

I would say go for it dude, anything related to crypto will be a big boost no matter how big or small it is. Might take some time to gain support from this community, but it doesn't mean it's a bad idea. Give it time to mature and see how it goes for your "project".