Not just shiba, but there's a dozen different others I think.
A months ago during the peak of the meme-coin hype there were at least 100 meme-coins created each and every day, which was absolutely crazy. Most of those tokens were created on the BSC network of course because the network fees there are just way lower compared to the ones on Ethereum and most people that created meme-coins only had one reason why they did that. They wanted to make quick and dirty money without any effort. Of course now more than 99% of those meme-coins are already dead again which is a good thing for the whole crypto market in my opinion because now investors can focus again on real projects.