MTG has risen a whopping $1.24, the highest price per TICK in the first week of trading.
The cryptocurrency’s rise is the largest in a month and comes after the company said its trading volumes are expected to reach $10 billion this year.
MTG shares are trading above $100 per coin on Tuesday.
The price has surged more than $200 per coin in the past week.
MTGOX has gained more than 5 percent in just two days.
Bitcoin is down more than 4 percent in the same timeframe.
The move was first spotted by Bloomberg, which reported that the Bitcoin exchange rate was $1 per coin, and then later confirmed by a trader.
MTTCX and MTGOYX traded as well on Tuesday, and MTTC is down 4 percent.
MTKTCX is also up 1.7 percent in three days.
MTGSX is up 1 percent.
The Bitcoin price is at a four-year low, according to data from CoinMarketCap.
MTGLX is down 5.3 percent in one day.
MTOGX is trading at a one-month high of $2,400, according of CoinMarketPiece.
MTGCX is currently trading at $2.99, the lowest price in four days.
The next Bitcoin price drop will be on Wednesday, when it is expected to fall back to $2 per coin.