Simplify the following text for a Grade 6 native English-speaking person.
Original: The best-known species is Cycas revoluta , widely cultivated under the name `` Sago Palm '' or `` King Sago Palm '' due to its palm-like appearance although it is not a true palm .
Simplified: The probably best-known of these is cultivated and marketed as Sago Palm or King Sago Palm . The plant is not a true palm , however .