Internet reports that U.S. President Donald Trump's list of top holders of Meme coins has been confirmed and they will undergo background checks to apply to participate in dinner with the President and "VIP visit" events on May 22. According to data provided by the project's leaderboard, as of May 12, the top 220 wallets held more than 13.7 million TRUMP tokens, valued at approximately US$174 million based on the price at the time of launch. It is unclear whether any of these wallet holders will choose to apply and attend the Trump dinner. A May 7 Bloomberg report noted that most token holders are located outside the United States, raising potential security issues and conflicts of interest.