Hey there, meme token enthusiasts! Let's dive into the world of the KING token on the Solana blockchain. If you've seen the ticker $KING floating around and wondered what it's all about, you're in the right place. This token, also known as CHARLES (KING)​, is buzzing in the Solana ecosystem, and we've dug into the details for you.

So, what exactly is KING? It's a meme coin living on the Solana blockchain, known for its speedy transactions and low fees. Think of Solana as the super-fast highway for crypto apps. KING joined this highway with the token symbol KING and the specific address EwBUeMFm8Zcn79iJkDns3NdcL8t8B6Xikh9dKgZtpump. It launched around the time of King Charles III's coronation in May 2023, aiming to catch the meme coin wave and build a strong community.

Getting to Know KING

Here's a quick rundown of the basic info:

• Token Symbol: KING
• Token Address (Solana): EwBUeMFm8Zcn79iJkDns3NdcL8t8B6Xikh9dKgZtpump
• Associated Name: CHARLES (KING)
• Blockchain: Solana
• Token Type: SPL (Solana Program Library) Token
• Category: Meme Coin
• Launch Buzz: Launched around May 2023, timed with King Charles III's coronation.

KING aims to blend meme coin fun with some interesting features. It's positioned as a token that taps into modern culture, referencing sports, music, and media. Unlike some purely speculative meme coins, KING talks about having deflationary mechanisms – things like potentially burning tokens to reduce the total supply over time, which could help its value. It also mentions a rewards system to keep its community engaged and active. The core idea is to be community-driven, riding the wave of its launch narrative to attract users.

Market Snapshot

Market data for meme coins can be a bit dynamic and sometimes varies across platforms. Here's what we found (keep in mind these numbers can change fast!):

• Recent Price: As of May 20/21, 2025, reports indicated a price around $0.00001815.
• Market Cap: Data points varied; one report from May 20, 2025, showed around $18K on DEX Screener, while another source indicated approximately $295K.
• Circulating Supply: Roughly 1 Billion (1B) tokens are reported to be in circulation. (Note: The total supply is stated as approx. 1 trillion, with 960 billion tradable as of earlier reports, suggesting some tokens might not yet be in active circulation or are reserved).
• 24h Trading Volume: Around $2.6M as of recent reports.
• Holders: The number of wallets holding KING is reported to be about 1,071.

Looking back to its May 2023 launch, KING saw some serious action, with over $20 million in trading volume and more than 9,000 unique holders within just 48 hours! It even trended as a top token on Solana shortly after launch.

Where to Trade KING

If you're looking to buy or trade KING, you'll primarily find it on decentralized exchanges (DEXs) on Solana. Raydium is a popular spot for the KING/SOL trading pair. It's also been listed on platforms like Pump.fun, a launchpad popular for new Solana tokens.

You'll need a Solana-compatible wallet to trade on these DEXs. Wallets like Phantom are commonly used and allow you to connect to platforms like Raydium. While the project roadmap mentions aims for centralized exchange listings, specific major exchanges haven't been confirmed in the data available.

Built on Solana's Speed

Operating as an SPL Token on Solana is key to KING's experience. Solana is famous for its ability to handle a massive number of transactions quickly (way more than older blockchains) and for keeping fees low. This makes it a fertile ground for meme coins, where lots of small, fast trades happen.

Solana uses a cool mix of tech called Proof-of-History (PoH) alongside Proof-of-Stake (PoS) to make sure everything runs smoothly and stays scalable. KING, like other modern Solana tokens, likely uses the newer Token Extensions Program, which makes managing token info like names and symbols easier compared to the older system.

Community Vibes and Sentiment

KING stirred up quite a bit of excitement when it launched. Posts on social media platforms like X (formerly Twitter) show it was a hot topic, even being called "Solana's $PEPE" by some, hinting at ambitions to mirror the success of the famous Ethereum meme coin. It attracted holders from other blockchain communities too.

However, like most meme tokens, the sentiment can be volatile. While the early hype was high, market activity can fluctuate significantly, as seen in changes in trading volume.

Who's Behind KING?

The founder mentioned is Gonzo, also known for Ducks Vegas. While there's a name attached, detailed information about the broader development team isn't widely available. For some investors, transparency about the team is a big factor in trusting a project.

Things to Keep in Mind (Risks!)

Investing in KING, or any meme coin for that sake, is definitely not without its risks. These tokens are known for being highly volatile and driven by hype and speculation.

• Market Swings: Prices can jump or drop dramatically based on social media buzz and market sentiment.
• Regulatory Watch: Solana and tokens on it could potentially face regulatory scrutiny in the future, as some regulators have expressed views on crypto assets.
• Transparency: Limited public info about the team or exact token release plans can be a concern.
• Lots of Competition: The meme coin space, especially on Solana, is crowded. KING needs to stand out against others like Bonk.
• Blockchain Reliability: While Solana is fast, it has experienced network outages before, which could impact trading.

Always, always do your own research and think carefully about whether you're comfortable with the potential downsides before putting your money into any token, especially one labeled as "unverified" by some sources.

How to Grab and Store KING

Ready to jump in? Here’s the basic process:

1. Get a Solana Wallet: Download and set up a wallet that supports Solana, like Phantom, Solflare, or Edge.
2. Fund Your Wallet: Buy some SOL (Solana's native token) or a stablecoin like USDC on an exchange (like Coinbase or Binance) and send it to your Solana wallet address.
3. Trade on a DEX: Go to a Solana DEX like Raydium. Connect your wallet.
4. Swap for KING: Find the KING token using its address (EwBUeMFm8Zcn79iJkDns3NdcL8t8B6Xikh9dKgZtpump) and swap your SOL or USDC for KING.
5. Add KING to Your Wallet: You might need to manually add KING to your wallet view using its contract address so you can see your balance. Most wallets have an "Add Token" feature where you paste the address.

Your KING tokens will be stored securely in your Solana wallet.

A Tool for Meme Token Trading: GMGN.AI

If you're serious about tracking and trading meme tokens like KING, platforms like GMGN.AI can be super helpful. It's designed specifically for this volatile market, offering features like following what "smart money" wallets are doing, real-time data, and even automated trading tools (which you can link via Telegram). It works across several blockchains, including Solana, and offers security checks to spot potential risks.

You can check out KING's specific page on GMGN.AI right here: https://gmgn.ai/sol/token/fV1R5sZ5_EwBUeMFm8Zcn79iJkDns3NdcL8t8B6Xikh9dKgZtpump.

The Bottom Line

The KING token ($KING, CHARLES) is a high-energy meme coin on the Solana blockchain. It had a splashy launch tied to a cultural event and aims to build a community around deflationary and reward features. It's actively traded on Solana DEXs like Raydium and accessible via popular wallets like Phantom. However, like all meme coins, it comes with significant volatility and risks, including limited transparency and market competition. If you're considering KING, make sure you understand the speculative nature of meme tokens and always do your homework!