Musk shouts DOGE every day and ends up with a domain name bidding $10 million dollars on sale!

Recently, the domain name DOGE.com sparked a lot of discussion in the domainosphere due to its astronomical price tag - the holder bid a whopping $10,420,069 for the domain name. The reason behind this high bid is related to the fact that Elon Musk may become the head of the “Department of Government Efficiency”, for which “DOGE” is the acronym. DOGE” is the acronym for the department's name.

The domain name holder boldly predicted that Musk might spend tens of millions of dollars on the domain name for the department. However, this speculation has also sparked controversy within the industry. Many believe that the U.S. government would be more likely to use a domain name ending in “.gov” for such an organization, such as DOGE.gov, rather than purchasing a commercial domain name from a private party. But there's no denying that DOGE.com, a classic domain name registered back in 1998, has value in its own right.

Xdoge.com was successfully traded on DN.com Meanwhile, another domain name related to “DOGE”, Xdoge.com, was successfully traded on DN.com, a global domain name trading platform. Although the actual transaction price has not yet been announced, it was previously listed at $75,000, so it is likely that the transaction reached that figure. The domain name “Xdoge.com” is a combination of “X” and “Doge”, which is Musk's favorite “X” element, so it can be said that it is tailor-made for him. Therefore, it is not ruled out that this domain name will become Musk's acquisition target in the future.

In addition, Musk has publicly supported the globally recognized cryptocurrency Dogecoin (Dogecoin.com) on several occasions. His influence not only triggers market fluctuations, but also further increases the investment value of domain names related to “DOGE”.

Huge Domain Name Investment: Future or Bubble? Despite the market's high interest in domain names such as DOGE.com and Xdoge.com, it will take time to see if the value of these domain names can be realized. Regardless of whether Musk will make a bid to buy a domain name, this incident reflects the close integration of the domain name market with hot topics, and shows the influence of branded domain names on a global scale. In the future, with the emergence of more innovative fields, domain names with multiple meanings like “DOGE” may continue to be the target of investors. In this game of domain names, the winners are undoubtedly those who can accurately grasp the trend and layout in advance. DOGE.cn is currently for sale on DN.com, interested parties can contact us to buy it.