Mole cricket

Mole Crickets can be found during the winter and spring, making a low, repetitive noise underground, from which they can be identified. Players will have to dig in the area in which the noise is loudest. Having been uncovered, the uncommon mole cricket will scuttle away. It may jump into water to escape the player. They are sold for 200 bells.

The mole cricket featured in-game is similar in appearance to Gryllotalpa brachyptera, a mole cricket native to Australia, but it could belong to any of the Gryllotalpidae species.

In Wild World
When accepting the mole cricket, Blathers will impart his knowledge of the bug to the player:

"The mole cricket is a bug, of course, but it resembles a mole! Hence the name. It's clear once you inspect its lower half that it is most definitely a cricket. Blech! Add "imitating moles" to the list of unforgivable things bugs are capable of!

In City Folk
Blathers will say this when he reluctantly takes the bug:

"As both mole crickets and moles dig holes, it's said many parts of their bodies ... But the mole is nowhere near as off-putting as this bug... How could they be? Moles don't have antennae."

Further Information
Mole crickets can be found throughout the world, specifically in more temperate climates. They are nocturnal and hibernate during the winter. They are rarely seen, as they live underground in tunnel networks, but are nonetheless regarded as pests. They have large forelimbs that can be used to dig and swim. They are roughly three to five centimeters long and are omnivores, meaning they eat both plants and animals. In some areas of Asia they are eaten, but only when fried. GROSS! Mole Crickets also feature as a character in another of Nintendo's games - Mother 3.