It gets used online for things, and there are whole communities devoted to shitposting, but I can’t find a clear set of rules for something to count as a shitpost. I remember querying whether a post on a shitposting community was witty enough to be a shitpost rather than just a shitty post, but of course not all the responses to that were terribly helpful!
I think of it as low effort but still has some slight potential to get a few laughs or start a conversation.