You all want news?
I don't know how credible it is, but there's this guy on Twitter,
"___Stealth," who's a self-proclaimed Video Game Enthusiast...he claims to have a friend in-the-know who has told him who the next character is and that it will be released "in the next week or so," elaborated as "VERY soon."
He tweeted a bunch, giving clues that "It's a Nintendo character" that he thinks is "a big deal" and that isn't "a clone or a disappointment." He also said "He doesn't think this character won the ballot," but that "It's the character who makes a whole lot of sense for a whole lot of reasons." Lastly, he had a tweet that he later deleted, saying "If it were Wolf or Shovel Knight or Shantae, I'd have hung myself by now," indicating it's not one of those three.
What he says about how big a deal the character is or how much sense it makes is clearly subjective, but K. Rool checks all those boxes. I think if we're going to see him, he's going to be one of, if not the first character shown. The only worry is that, because it's ostensibly not someone who won the ballot, it's not K. Rool, but someone who will set a less-than-ideal trajectory for how receptive Sakurai was to fan requests. Someone who will validate those theories that "the ballot doesn't matter and it's just an excuse for the team to release the characters they already wanted to make anyway."