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This name would be ideally suited to a social or retail organisation.
The name "Squelp" has only six letters and just one syllable. Mono-syllable names are highly rare and exceptionally prestigious. Leading companies using one syllable names include Chase, Dell and Square.
This domain was first registered in December 2009. Older domains have an advantage when ranking in search engines.
Squelp.com is a .com domain. Dot com domains are synonymous with websites. Once secured, a .com all but guarantees no-one else can outrank you for your own name in the long run.
One suggestion for how this name could sound when used.