The uses for a geographical coin are endless so lets go over a few.
1) Inventory and package tracking in real time
2) Advertising where restaurants and merchants can drop coins at their location providing direct marketing
3) Video games like pokeman that can be used for treasure hunts etc.
4) Proof of location
5) Prizes at events and specials
With a new website and new marketing strategy as well as a phone app (and we love our phone apps) I believe this coin is way undervalued compared to the rest of the market. Now maybe I'm missing something. I well could be. But I'm long GEO' and look for this coin to gain in market cap.
Bottom line I love working products and first to market movers. What they were missing a few months ago was marketing and a strong social presence with an outdated website. Well it looks like they picked up the slack and with a new website and active social page! I believe this coin goes higher. Seriously where coins that are still pipe dreams are garnering $2billion in market cap, there has to be room to run for GEO'! Valued at only $23 Million? I believe smart money is picking this up as the price action has been great of recent. Long term HODL for sure!
Disclosure: I'm long GEO since September as per the link below, and I have added this morning. Coins that are constantly making new highs I want to be in. I am slowly building up a longer term position. I never recommend going all in as pullbacks happen, but there is never a wrong time to own a winner.
Now for those like a few that want someone to have a crystal ball and give them a time and date for a breakout, there are palm readers for $5 that will provide this. However, my ball is broken but I noticed the price action and said "hey we have a breakout, its way undervalued, I'm building a position on the way up to a 500% target price" DOH!! And yet those that can not read a simple chart or read an analysis simply post "ohhh its up 100% already" DUHHHHHH and it went up another 150% from there! And there is still room to run!
But the herd normally sell their winners here, and hold on to their losers. I can almost guarantee without second thought that the aforementioned coins come back with a fury!! They didn't get to the top because they are losers! I even picked up some TNT, QSP and ARN (a new coin). I wanted to own but was patient. Now I own them cheaper and they should retest their highs. This provides guidance.
GEO is consolidating nicely and I want to buy the breakout, but patience is a MUST! I have traded GEO but I now own more shares then before.