The Dog Hobo King is a Dog Hobo Town Leadership position. The penalty for impersonating the King is death, according to the Unknown Dog Hobo.
Authentication for this position is granted via the Grand Dog Hobo Lama, who gives The Shriek of Acceptance
There is a royal treasury, but it only contains a single gold coin, which Poncho stole during his impeachment.
Poncho is the only known dog to hold this position.