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We looked at the registration volume trend for domain names containing the strings crypto and NFT to help investors make informed business decisions.
For crypto-containing domains, the most recurring strings included:
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2022 Domain Registration Trends
For both text strings, there was a decline in monthly registration volume in February 2022 compared to the prior month, and that continued on until the end of the year. By December 2022, the volume of NFT-containing domains decreased by 87.71% and 69.99% for crypto-containing domains compared with January 2022. The trend can be seen in the chart below.
Domain Registration Trends for 2023 So Far
The decline continued until January 2023, with a total domain registration volume similar to that for December 2022. The chart below shows the trend for the first five weeks of 2023.
Recurring Text Strings Used Alongside NFT and Crypto
We also studied the common text strings registrants used in the 2023 domains. For NFT-containing domains, the top recurring strings included:- Chatgpt
- Ocea
- Creator
- Foss
- S4you
- Rends
- Agora
- Jewelry
- Artsyfy
For crypto-containing domains, the most recurring strings included:
- Lempire
- Currency
- Meta
- Model
- Pod
- News
- Reel
- Store
- Banx
- Bank
Key Takeaways
The high registration volume noted in early 2022 may have been affected by news linked to cryptocurrencies and NFTs. For instance, interest in Dogecoin went up after Elon Musk tweeted that Tesla merch can be bought using the cryptocurrency. Although interest continued, the registration volume declined in the following months. Still, it doesn’t mean people are no longer interested in crypto- and NFT-related domain names as bids for such web properties remain high on domain auction sites.Please visit our pricing page if you’re interested in obtaining domain investing insights from our NRD Database.
