This is actually a excellent opportunity if true, since there's going to be a large degree of fallout if Shovel Knight gets in and ends up confirming K. Rool's chances as being low/nigh deconfirmed. Many people after that, I think, will be interested in the ideal of only well justified characters being able to make it, and not having well justified characters cast to the side for someone who's merely popular. And we're, after Wolf, Dixie, and debatably Krystal + Isaac, one of the most justified non-deconfirmed characters in the race, so we could heavily benefit from that if we took advantage of it and make it known just how justified we are to a vast majority.
I'd still be very upset if this comes true, but I think that if it does happen (I kinda doubt it), it's much better to react to this scenario calmly and squeeze every bit of possible benefit out of the scenario. If all the other large support bases just freak out over the scenario and we react calmly and press our claims of justification, we could potentially take a lead over the others, since we'll be getting more name recognition and a boosted reputation as a result.