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Godaddy appraisal means nothing, like all other appraisals. As a random example, PhoneAdult.com is supposedly worth $1.5k, and yet it's not even registered.
They pull a number based on random sales of other domains, which often sold in a different internet era, about 15 years ago, and with no consideration of the sold domain's traffic, buyer need for the exact term or if it came with a website.
(Obviously the intention with Godaddy is to get you to buy (and overpay) a name from them.)
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