Chinese #domain market report: #Tiangong-1 crashing like #LLLL coms

The Chinese satellite, Tiangong-1, is waving goodbye to space, and in a week from now it will crash on earth.

The exact place that it will burn itself onto is unknown, as China’s space engineers lost control of Tiangong-1 a while ago.

Plummeting towards earth, it will hopefully end up in some remote, uninhabited area or ocean, where domainers don’t live.

Just like Tiangong-1’s trajectory, the Chinese domain market has turned into an earth-crashing fireball.

Despite a recent price peak of “Chinese premium” LLLL .com’s above the $1,000 threshold, the market is nowhere close to its all-time peak in 2015, and sales volume has been consistently down, week after week.

We keep track of short domain names, between 1 and 4 characters, that change hands among the Chinese, for the .COM, NET and .CN TLDs.

Here’s today’s list, spanning March 13 to March 26, 2018:

That’s 129 domain names, which is not impressive at all; in the golden days of Chinese domain investing, this type of volume will occur in 1-2 days.

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