According to Lookonchain, the green reptile-themed memecoin $GLONK launched simultaneously on multiple platforms, igniting a cross-platform 'memecoin civil war' that has generated volatility and arbitrage opportunities for traders. On-chain data reveals significant trading volume and liquidity shifts between the platforms, suggesting tactical entry points for momentum and arbitrage strategies. Traders are actively monitoring wallet flows and liquidity pools to capitalize on price discrepancies, as the split launch creates distinct market dynamics and volatility windows (source: Lookonchain, May 14, 2025).