Hello everyone and welcome to net crypto where you get important information and news about all coins and tokens of interest and today we are taking a look at King a coin just dropped that dropped on coin market cap about five six days ago right so is it legit or is it a scamThat's the question that we are always trying to answer right so when it comes to King one of the first things is it seems they do not have a website right so even undercoin market cap when you go on the official links on the website youGo to the same page as their Twitter so they just got their Twitter at the moment 21 000 followers on their Twitter let's just take a look at Solana right so um see how many holders that they've got uh while we just give that aMoment to load let's just take a look at the numbers right so we do see that at the old time they're up um 52 percent right they're up 52 percent of course they did reach a th here around the 10th right let's just verify that here with the date that yesOn the 10th that's when they reached about a day ago that's why they reached ath3070 so now we are on three zeros three all right so we are down about 50 from ath but we are actually up about a hundred percent from the all-time low right so this is relatively uh a newProject so is it legit or is it a scam right so normally projects that do not have a website a website is a basic thing that you need to have even if it is just a static page that's to explain what you are about and all of thatThere's nothing wrong with that right normally I would be very um you know it would be a red flag for me to not have a website but there are certain metrics that are in their favor right so if you go into markets you do see that already already on polonyx andBitmap which are the exchanges that I actually use myself right and for you to be listed on these exchanges at least you have to to be docs to them but we do know that it's not a guarantee that it's not a scam because if you remember aboutA year and a half ago there was this a scheme called meronet right that was on L bank and it proceeded to rug 3 million worth of investors funds right even though it was listed on L bank right so that's uh one of the things that youJust need to keep in mind but the fact that they are listed on polonyx and bitmart right uh kind of just gives that confidence that at least there are dogs to them I personally have never used radium so you can just let me know I'll do aLittle bit of research about it I've been seeing it for quite a while now but I've never really like opened an account or anything like that but I'll be checking it out so you can let me know if you actually do use a radium I've never used it myself so those are theMost important things uh things to to look at old ath was reached yesterday 307 after that of course we had a massive correct correction right almost 50 percent down from the ath but in the old time it's still 50 up so is it early days it does seem like the team isWorking very hard to try and push the projects it would be nice if they can have a website right so that we can see them explain what they're all about and all of that right but at the moment I am not going to flag this one as a schemeBut it's one of those that you need to watch quite closely so it is a meme coin it's meme coin season so you never ever know which meme coin is going to do well right so this is my review of this one right umUh all the the the the the the the the sites that I use to check the contracts they don't actually have Solana so I need to actually uh get somewhere where I can actually do a scan on the Solana to check what functions that are thereBut if you just want to avoid any sort of functions that like Blacklist uh and all of that just invest in a centralized exchange like I said they've got decent ones here uh polonyx as well as bitmap by the way I am not affiliated with anyOf these cryptos that I share on the channel I have never been sponsored at the time of recording this video right I've never been sponsored this is simply just my opinion right so if you appreciate review such as this just drop a big thumbs up right to the video andAlso subscribe to the channel because we all love to talk about crypto here right so thank you for watching and I'll see you in the next one