Domain name industry booming with multimillion-dollar sales, but is it sustainable?

If hefty domain name prices are any indication, the dot-com resurgence may be headed for another bust. Just take a look at last week’s live auction sale by domain name broker Moniker. On Friday at the Traffic conference in New York, Moniker beat its record for the largest sale of a single domain name at live auction. That sale went to Creditcheck.com, which took in a cool $3 million. When the day was done, Pompano Beach, Florida-based Moniker had raked in $10.9 million for brokering 115 names.
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