Litecoin’s bounce back is strongly supported by strong address growth. Whales offer support to LTC as sell pressure attempts to erase recent gains. Litecoin [LTC] was one of the top trending coins between 17 – 24 January, and for good reason. It has outperformed many top coins in the last few months, including Bitcoin [BTC]
![Exploring Litecoin’s [LTC] position as it looks to dominate the market in 2023](https://images.cryptocompare.com/news/default/ambcrypto.png "Exploring Litecoin’s [LTC] position as it looks to dominate the market in 2023")
