Dogecoin<\/strong> (CRYPTO: DOGE) shot up as much as 21% to touch $0.21 in intraday trade leading up to press time.<\/p>\n What\u2019s Moving? <\/strong>Over 24 hours, DOGE traded 14.41% higher at $0.19 at press time. Against Bitcoin<\/strong><\/a> (CRYPTO: BTC) and Ethereum<\/strong> (CRYPTO: ETH), DOGE traded 5.17% and 1.32% higher respectively. On a seven-day trailing basis, DOGE traded 1.87% lower.\u00a0<\/p>\n See Also: <\/em>How To Buy Dogecoin (DOGE)<\/em><\/a><\/p>\n DOGE has shot up 3,310.87% so far since the year began.<\/p>\n Why Is It Moving? <\/strong>DOGE moved higher with other major cryptocurrencies <\/a>like BTC and ETH after Tesla Inc <\/strong>(NASDAQ:TSLA<\/a>) CEO Elon Musk <\/strong>revealed at The B Word Conference that he held DOGE, ETH, and BTC in a private capacity.<\/p>\n See Also: <\/em>What’s Up With Ethereum Today?<\/em><\/a><\/p>\n Musk spoke positively about DOGE<\/a> at the conference and complemented the community surrounding the cryptocurrency for its being \u201cirreverent\u201d and for not taking itself too seriously.\u00a0<\/p>\n In response to Musk, Twitter Inc <\/strong>(NYSE:TWTR<\/a>) and Square Inc<\/strong> (NYSE:SQ<\/a>) CEO Jack Dorsey<\/strong> said he was drawn to BTC due to \u201cirreverence.\u201d<\/a><\/p>\n As per Benzinga\u2019s Melanie Schaffer, the 16-cent mark has emerged as a \u201csolid support level\u201d <\/a>for DOGE which it has tested several times and bounced back above it.<\/p>\n On Friday, Dogecoin co-creator Billy Markus is set to join<\/a> Benzinga\u2019s \u201cMoon or Bust\u201d show, where he will discuss the Shiba Inu-themed cryptocurrency.<\/p>\n