They could show it on a normal direct. I mean indie stuff has been shown in normal dorects. Plus, smash reveals dont always show the character in their game then suddenly its a smash reveal(like with isabelle). It could just work like the heroes reveal. Heck for shantae, if could show a spirit orb flying off and them turning back into a fighter at some point.
As for this rumor... i dont beleive it. As others have said, undertale while popular has wanned in popularity, and i dont think ninte do would take someone from that for smash. At least so far nintendo doesnt seem that close to toby fox, unlike with wayforward, the hollow knight people, and the cadence people.
Plus waluigi? I want him too, but he breaks the trend of what the first fighters pass seems to be. All 3rd party newcomers that would make a big surprise. Waluigi could be a surprise but not nearly as much as some third parties.
The guy is also claiming to have an nda now too, way to convenient. Just copying that other legit leaker to make himself look more credible. I would say ignore him but smash fans are just so easily gullible. Just look at laxchris lol.
Granted we have all fallen for a leak or gotten our hipes up. I remember that gardevoir leak with an Gothettle echo and i was hopeful. Sadly no kinda believable leaks had shantae in them.
Honestly that female fighter with a projectile leak seems more legit then this but still not fully believeing it
My problem with the "female fighter" leak is I really can't think of any female characters from fighting games that fit the description and also seem likely.
I mean, first one that comes to mind would be Chun Li, which I would be SO down for. I'd love her to be in, but I really don't see Steet Fighter getting a 3rd rep, and she doesn't have a projectile move.
Morgana could be possible and I would love to have her in as well (I like Felicia more, but Morgana is the mascot) But Darkstalkers as a franchise is sadly (no pun intended) pretty dead. After Revival (or whatever it was called) sold badly Capcom was pretty open about not seeing a future for the franchise.
Then there is Kasumi from Dead or Alive... but honestly that series deals in mostly realistic fighting, no energy blasts or over the top weapons, or ridiculous Martial Arts like you might see in street fighter. SO not only does that get in the way of the projectile bit of the leak, but it would also make her rather uninteresting in Smash with everyone else flying around and her just doing real life kicks and grapples.
After that, you don't have many female characters that are either from much smaller franchises or that aren't really the best representative from their franchise.
I mean if Mortal Kombat got a rep it would probably be Scorpion or SubZero, not any of their female cast. I love ChamCham to pieces, but her or any other females in Samurai Shodown aren't likely to be their first rep either...
I guess maybe Mai from King of Fighters? Does she have a projectile? Is she considered as much of a mascot for the series as Terry? I'm not being rhetorical, I actually am not familiar enough with the series to know who is considered the main characters along the lines that Ryu is to Street Fighter.