What is the ranking of DAI coin?

I'm curious about the current ranking of DAI coin in the cryptocurrency market. Could you please elaborate on its position and any significant factors that might be influencing its performance? Additionally, how does it compare to other stablecoins and major cryptocurrencies in terms of market capitalization and adoption? Your insights would be greatly appreciated." As a professional practitioner in the field of cryptocurrency and finance, understanding the ranking and performance of various coins is crucial. DAI, as a stablecoin, holds a significant place in the market due to its pegged value and decentralized nature. Its ranking, however, can vary depending on factors such as market capitalization, trading volume, and adoption rates. A comprehensive analysis of DAI's ranking would involve comparing it to other stablecoins like USDT or USDC, as well as major cryptocurrencies like Bitcoin or Ethereum. This comparison would reveal DAI's relative strength in the market, as well as any potential trends or challenges it might be facing. Therefore, I would appreciate it if you could provide a detailed overview of DAI's current ranking, along with insights into the factors that are shaping its performance in the cryptocurrency market.