The ethirium explodes to hit the highest new level at all at a price of $850

The price of the ethylene surpassed the level of $850 for the first time ever, scoring the highest new level amid the strong performance of decentralized applications such as cryptokitties and Etherdelta. Ether, the original digital currency of the ethno-day network, recorded a daily turnover of $3.8 billion over the past three days. The price of the ether rose by about 16.19 percent over the past 24 hours on Dec. 19, from $716 to $840. This has thus surpassed almost all of the digital coins in the market in a short period of time, with the exception of some currencies: BitCASH qtum and Nem.

Previously, the volume of global daily circulation was heavily concentrated in the South Korean digital currency trading market. Where both the leading South Korean trading platforms were "Bithumb", "Coinone" and "korbit", they represent about 35 percent of global ether deals. While in recent times, the United States digital currency trading market has handled most of the ether deals, with the acquisition of the trading platform "Bitfinex" and the Coinbase main platform "Gdax" on approximately $800 million of daily ether deals. Earlier this month, billionaire hedge fund and legendary investor Mike Novogritz expressed optimism over the medium-to long-term growth of the ether currency. Novogritz predicted that the three-fold rate would be at the end of 2018, up from $500 to $1,500.