In case you haven’t looked at your profile in the last 48 hours, you haven’t seen the new “Favorites” section under your written entries on your profile.
Basically, this feature enables other people to view what’s your favorite memes and entries.
In case you’re unfamiliar about favoring a meme,
There is a heart icon button on the left side of the entry.
With this new feature, I encourage everyone to start favoring your favorite memes.
Also, I suggest you give kudos to Jostin for originally propagating the idea to have favorite memes on your profile.