Dogecoin is trending for its high value.
The digital currency, which is based on a joke by British comedian Craig Wright, is currently trading for more than $600 a coin, a price that’s more than three times that of bitcoin.
The cryptocurrency, which has seen a spike in value in recent months due to Wright’s recent arrest, is trading for $600 on the popular online market site Bittrex.
A similar spike in price has been reported for bitcoin over the past few days.
According to Bittreex, the price for a Doge coin is currently $660.
That’s an increase of almost 300 percent over the last 24 hours.
That said, a Dolecoin coin is not worth more than 10 cents each.
Wright is accused of stealing a $500,000 doge coin from a Bitcoin exchange in New York last month, and he is currently facing extradition to the United States, where he is facing criminal charges.
Last month, the US Department of Justice also filed charges against Wright for fraudulently acquiring bitcoin, according to The Associated Press.
In his criminal complaint against Wright, prosecutors said he bought bitcoin in January and used the coins to pay for the goods and services of Wright and his business, which included an online store and a mobile application called DogeCoin.
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