king 王 (60a) + a drop 丶 (22a) = jade 玉
This is similar to the situation for 太 (Character 48). In 玉 the drop is low down in the character, and the story reflects this. this is to keep it distinct in your mind from another character you’ll meet later (主, Character 297), which has a drop on top of a king.

The king is out jogging and as each drop of sweat touches the ground it turns to jade. / [No pronunciation needed]