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This brand name is ideally suited to a company in the business, e-commerce or retail sectors.
The word "Covoy" contains only five characters and only two syllables. Two-syllable names are very rare and extremely sought after. Two syllable names are used by established brands like Starbucks, Apple and Gucci.
This domain was first registered in March 2014. Older domains have an advantage when ranking in search engines.
Covoy.com is a dot com domain. Dot com is the most prestigious domain extension. Once you own a dot com, it will be much easier to rank for your own name in Google.