This glitch was founded by CPWorld, and this glitch lasts until The Fair ends. This namecolor actually happened in CP around 2007-2009.
1. Head to the Galaxy Park, and go to “Virtual World”, which is the Red Arcade Machine is.
2. Once you’re in the Machine, you can choose any of the colour of your penguin and change it.
3. Go to any location in the Fair, and ta da, you’re done. You might not see it, but others will. This glitch works in other rooms.