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This name could be ideally suited to a retail or e-commerce company.
The word "Lemonate" contains eight characters and three syllables. Established brands using three syllable names include Adidas, Microsoft and McDonald's.
Lemonate.com is a .com domain. Dot com domains are the most sought after top-level-domain in the world, famously used by websites like google.com. Once you own a .com, it will be much easier to rank for your own name in Google.
One suggestion for how this name could sound when used.