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Dogecoin (DOGE) hit an all-time high of nearly $0.45 on Monday night, days ahead of Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s scheduled appearance on “Saturday Night Live” where the joke cryptocurrency is expected to feature.What Happened: The Shiba Inu-themed cryptocurrency hit an all-time high of $0.4499, before retreating 9.4% as of press time. DOGE is up 6.92% in a 24-hour period and traded at $0.41 at press time. It has shot up 56% on a seven-day trailing basis.The apex cryptocurrency Bitcoin (BTC), which hit an all-time high last month of $64,863.10, last month traded 1.31% lower at $56,620.90. BTC has since fallen 12.77% since its all-time-high levels.See Also: How to Buy Dogecoin (DOGE)In terms of year-to-date returns, the meme coin has far outpaced the largest cryptocurrency by market capitalization. DOGE has returned 9,216.98% since 2021 began, while BTC’s returns comparatively pale at 96.61%.