Several Squeeze Pages on One Hosting Plan?

Hello,
I'm just wondering, if it's possible to have several websites/squeeze pages on one hosting plan? I'd like to buy a Baby plan from HostGator, which has "unlimited" domains. Does this mean, that I can register as many domains as I want and run several websites, which will be based on WordPress?
I would have a separate squeeze page for every niche I want to get it on it's custom domain (not subdomains), like xxx.myniche1.com, xxx.myniche2.com etc.
Thanks for your help, I appreciate it!

See original post by toreate