More accurately described as a colloquial phrase, it means
"your deserved reward or just due" for an action taken or statement you have made. It always conveys that to be of a negative nature. It should be hyphenated as neither word, of it's own definition, conveys close to the meaning of the combination of the two; therefore the linkage of the hyphen is needed.
"Joe has always bragged that he was the team's best batter, but in the playoff game he went 0 for 4 and humiliated himself."
(Joe; therefore, got his just due or his come-uppance for his continual bragging and then, his abysmal failure.
being canceled by a certain group increasing your importance, influence and/or reputation with the opposite group.
from the words "upcycling" and "canceled".
Q: i can't believe they tried to cancel count dankula for making a meme...
A: don't worry he'll be fine, people are so pissed they tried to cancel him he's basically upcanceled, could still use a diet though.
when "group A" tries to cancel someone but the outcry against it by "group B" increases the monetary gain or influence with "group B".
originates in the words "upcycling" and "canceled".
1: i can't believe they canceled you.
2: actuallymost people where so pissed off i got canceled for that that i got upcanceled.