If one follows this link, there is a gelatiin test that showed the gelatin tests of a 77 grain .223 round. They had to have melted it down through a screen. Inch by inch, it showed that the bullet turned into literal dust with a little chunk at the far end.
http://www.thefirearmblog.com/blog/2015/04/23/why-otm-≠-jhp/
They list the match king as generally not appropriate for hunting. They list them as being thin jackets, and they will either, depending on bullet, disintegrate, not expand at all, or remain intact, depending on bullet and appication
The key to understanding it is that the HP matchking is not a solid design.
To create a very effective ballistic coefficent, the bullets are lenthened beyond the norm. They have a rather large open cavinty beyond the core. Jackets are very thin, intendiing to give perfect jacket concentricity. when this bullet strikes, that empty piece of jacket collapses immediately, then it is dragged off of they core. The soft core is unprotecthed and mushroom is not supported. at high velocity, this core and jacket just tear apart as the pieces are exposed. The jacket will be entirely stripped, and the lead will fragment until it reaches around sub sonic ranges and the ead manages to hold together.
Over 3K fps? there is nothing to hold it together and it will fragment competely. 2Kor under? The jacket will still tear off as it exposes itselfm with nothing to hold that thin jaket to the lead, and it will be exposed as soom as the tip breaks down. Then, it's going to behoave much as a soft lead bullet will do. It may retain it's shape, punching through like a long solid lead bullet deforming or breaking up, all depending on the bullet weight, velocity, material impacted, etc.
The photo at that blog shows a varmint style match king when it hit gel. A magnum rifle at short range witll act similarly. a standard round will perform better at lower veloities.
You an get blowups with anything. these aren't intended to hold together, and normally wont. They are meant to be accurate and that isn't usualy consistent with hunting terminal ballistics.
Sierra has apage
https://www.sierrabullets.com/store/product.cfm/sn/1410/224-dia-52-gr-HPBT-MatchKing
I hate to harp on this, but it is a pretty much open and shut case thatan accurate bullet intended for hunting will perform as well or slightly less well as the match king within realistikm maybe out to 300 yards or more, and will give far better performance iin terrminal ballistics.