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The Domain Market Is In Decline

DN Journal has published another update of the ranking of the largest domain deals, information about which has appeared in the public domain. The publication fixes a noticeable decline in activity in the domain market. If in the summer, despite the holiday period, deals worth hundreds of thousands and even millions of dollars appeared in the rating with enviable frequency, then September, which is considered to be the season of revival of business activity, did not please with anything.

The second half of the month was dominated by the sale of the Dropped.com for $65,000. The amount, of course, is impressive, but by no means a record. In the rating of the current year, at the moment, this transaction occupies only 79th position. Next comes the domain name RemoteWellness.com, which changed hands for $55,000. The third line belongs to the Editing.com domain, which sold for $46,000. Separately, it can be noted that 7 transactions for the amount of less than $10,000 were included in the top twenty largest transactions of the last two weeks - an extremely rare case. Analysts attribute the decrease in activity in the domain market to the general uncertainty of the situation in the global economy.

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