The auction price of the XBT.com domain has exceeded $3 million, expected to become the highest encryption domain auction price since 2021.

On March 26, according to a report by businessinsider, the price of XBT.com at Lloyds Auctions has exceeded 3 million dollars, expected to become the largest cryptocurrency domain auction since 2021. Lee Hames, COO 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 the greatest domain of the decade and a stake in the future of Bitcoin, which is a digital asset of immense historical and financial significance." It is reported that the starting price of XBT.com is 2,798,917 dollars, and this auction will end on March 28. Note from BlockBeats: XBT is the code for Bitcoin under the naming rules of the International Organization for Standardization (ISO 4217). According to this rule, the first two letters of the currency code represent the country/region (for example, "CN" in CNY represents China), and since Bitcoin is decentralized and has no national affiliation, it starts with "X" ("X" usually represents non-national currencies, such as the code for gold is XAU).