BlockBeats News, March 26th, according to a report from businessinsider, the price of XBT.com at Lloyds Auctions has exceeded 3 million US dollars and is expected to become the largest cryptocurrency domain auction since 2021.
Lee Hames, Chief Operating Officer of Lloyds Auctions, stated: "This is not just a domain name, but also the financial future and identity of Bitcoin itself. Whoever wins XBT.com will own a stake in the greatest domain name of the past decade and the future of Bitcoin. This is a digital asset of immense historical and financial significance."
It is reported that XBT.com had an opening price of 2,798,917 US dollars, and this auction will end on March 28th.
BlockBeats Note: XBT is the code for Bitcoin following the naming rules of the International Organization for Standardization (ISO 4217). According to this rule, the first two letters of a currency code represent a country/region (e.g., "CN" in CNY stands for China). Since Bitcoin is decentralized and has no national affiliation, it starts with "X" ("X" commonly represents non-national currencies, such as XAU for gold).
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