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
Well, I guess this is the reason people still insist on investing in all these shitcoins because somehow they still make some profits from them and in a few cases made serious profits too but let's not forget that more meme cons investors are not that fortunate in this investments, however, we are all on a different level of risk tolerance.