It was called "Do the Bartman", actually.
The Simpsons' writers made fun of the song in one episode. Milhouse gets an earring and all of the kids on the school bus are admiring it. In an attempt to turn the kids' attention himself, Bart tries to start a rendition of "Do the Bartman". Naturally, everyone just looks at him as if he's gone insane. Then Ralph Wiggum says "That is so 1991!"