Well actually it’s Kremit and Miggy but we know who it really is meant to be.
I was out doing world quests last night when Hip called me down to Nazmir to come see the rainbow he had found. When you click the guitar next to Kremit, it triggers the rainbow to show. I spent a ridiculous amount of time clicking the guitar each time the rainbow faded to bring it back.
I don’t like the muppets in general but I do really like Kermit and Miss Piggy. I have a Kermit the Frog t-shirt that gets worn to death and I had the cutest Miss Piggy doll when I was little, I wonder what happened to that?
I’m guessing this is a reference to Kermit’s “Rainbow Connection” song.
I didn’t have my map open at the time to pull out the coordinates but if you fly into Gloom Hollow and run south you should be able to come across them.