Not just shiba, but there's a dozen different others I think.
I tried a couple of them, just to see how they behave in this bear market.
To my surprise one of them was 20% in profit last time I checked ( after about a month ) the other one $50 in profit after one day. Not bad !

But to be honest I don't think I would put any money on Doge or Shiba... they're already far too high in the rankings.. way... way higher than they deserve. The best gains are made when your meme coin is ranked #800 or somewhere around there
I think there are new meme coins who want to follow the footsteps of Doge and Shiba hoping that they could get the same fame and attraction. They think that they could benefit more since the hype of meme coins isn't over yet. They're trying to ride on with the hype which I think won't work anymore.