Yes and right after cheerleading gets into the olympics you can add a marching band competition to it as well.
For the record competitive marching is about 10 times more technically and physically demanding than cheerleading. The logistics is about 100 times more taxing as it's for 100+ people instead of like 10 or 15. Lastly talent is clearly on a higher level as well considering we are talking about playing a musical instrument.
All that and competitive marching is NOT a sport. Those that do it may treat it like a sport, but that doesn't mean it should be recognized as one on an international level. Same with chearleading.
Just cause you do it, doesn't make it special.