I don't know how popular it is, but it's made its rounds on 4chan. It's a comic that loops around in a circle. Like most 4chan comics, it's badly drawn in MS Paint

First panel: Asian girl with a white guy flips off an Asian guy, telling him "Fuck off, azn boi" (might've been that exact spelling, too)

Second panel: Asian girl and white guy are older, and they tell their son "Be proud of who you are!"

Third panel: Asian guy with a crestfallen look on his face

There's an arrow pointing to the next panel, and in the third/final panel, there's an arrow pointing to the first panel. The cycle suggests the girl rejects her own kind, encourages her son to be proud of his heritage, only for him to grow up to be rejected by a girl who rejects her own kind, who then encourages her son to be proud of his heritage, etc.