Moonshot's Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it's free. Semiconductor stocks fell, and crypto fell with them.

Moonshot AI's Kimi K3 scored 1,679 in Frontend Code Arena, beating Claude Fable 5 and GPT-5.6 Sol. Here's what it means for AI-crypto investors.

Moonshot's Kimi K3 beat Claude Fable 5 and GPT 5.6 in some benchmarks... and it's an open model.