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This name would be well suited to a transport or e-commerce organisation.
The name "AuctionState" has 12 letters and three syllables. Successful brands using three syllable names include Toshiba, Sainsbury's and Verizon.
This domain was first registered in January 2013. Older domains have an advantage when ranking in search engines.
Auctionstate.com is a .com domain. Dot com domains are synonymous with websites. A .com is the first thing people think of when they think of a website.
One suggestion for how this name could sound when used.