I’ve been following the LLLL .COM market recently and it’s clear to see that they have been going up in value quite rapidly. Just a couple of months ago, you could buy a non-premium LLLL .COM for around $80 to 90. Now, you can’t find any for under $120. Don’t take my word for it. Go check out the auctions happening at eBay, GoDaddy, NamePros, etc.. I’m talking about the bottom of the barrel LLLL .COMs. If you want to talk Chinese premiums, then you’re looking at over $1,000 floor price.
I believe there are a few reasons for why this is occurring:
- The recent Chinese stock market crash is causing some Chinese investors to look for alternative investment opportunities.
- The growing number of domainers worldwide.
- The growth of startups and businesses online.
All of these things contribute to a growing demand, with a limited supply. The result is simple economics.
LLLL .COMs are not the only short domains to go up in value in recent times. Last month, an investor registered all the remaining Chinese premium LLLL .NETs. And a few days ago, someone swiped up 33,000 NNNNNN .COMs within 2 days. These are pretty obvious signs that give us a good idea of where the market is headed at least for the time being.