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gaps in the market Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

What is a market gap?

A gap in the market is an opportunity to offer something that customers want but that businesses aren't currently providing. The term "gap" refers to the difference between supply and demand for that offering. For example, Netflix filled a market gap with its DVD mail-order rental business, competing with Blockbuster Video.

What is an example of a market gap?

For example, Netflix filled a market gap with its DVD mail-order rental business, competing with Blockbuster Video. By 2010, Netflix streaming eventually bankrupted Blockbuster. Market gaps are opportunities disguised as voids. A gap in the market is a place or area that current businesses aren’t serving.

How do you identify market gaps?

Identifying potential market gaps requires a deep understanding of your industry, customer pain points, and desires. Make sure you complete a detailed profile of your ideal customer and a competitive analysis as key parts of your research.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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