[Solved] I have no bed to sleep nor do I have a palace to live. I don’t have a single penny with me, but still I am known to be a king. Who am I?

This riddle has been around for some time on internet platforms such as Instagram, Facebook, and WhatsApp, and many people still argue over what the answer might be, as there are many possibilities. The correct answer is Lion, also known as the king of the jungle.