News James Franco Debuts Bizarre Rainbow Hair, Hints It's For New Riff Raff Music Video By Jennifer Drysdale 5:25 PM PDT, August 9, 2016 This video is unavailable because we were unable to load a message from our sponsors. If you are using ad-blocking software, please disable it and reload the page. 12:27James Franco Looks Unrecognizable With New Rainbow Hair -- See …02:01Kendall Jenner Shares Rare Glimpse Into Her Relationship With De…02:29Travis Scott Says He Loves 'Wifey' Kylie Jenner and Daughter Sto…02:16Kylie Jenner Gets Into Playful Water Balloon Fight With Travis S…03:52‘KUWTK’ Series Finale: Khloe Kardashian Debates If She'll Marry …03:29Penelope Disick and North West Have Fun With Cameras to Pretend …24:52Pride 2021: Billy Porter, Raven-Symoné, Elliot Page & More LGBTQ…04:46How Each Kardashian Family Member Said Goodbye During ‘KUWTK’ Se…02:29New ‘Space Jam 2’ Trailer Shows LeBron James and the Toon Squad …02:51Go Inside Disneyland's New Avengers Campus: All the Must-See Att…03:32North West Pokes Fun at Mom Kim Kardashian For Fangirling Over O…03:00Kris Jenner Tells Kourtney Kardashian She Wants Her to 'Grow Old…03:21Jennifer Aniston Posts Sweet Behind-the-Scenes Pics From 'Friend…03:46JoJo Siwa Reveals Why She Is Trying to Have a Kissing Scene Remo…03:43Khloe Kardashian Claps Back at Fan Who Criticizes Her Birthday T…25:22‘Keeping Up With the Kardashians’ Ends; Lorde, Megan Thee Stalli…03:15David Schwimmer Shares Behind-the-Scenes Moments From the 'Frien…02:44Dixie D'Amelio on Whether She Had Apprehensions Filming New Fami…04:34H.E.R. on Possible Collaboration With Zendaya and Kehlani After …02:46Machine Gun Kelly Dyes Tongue Black and Makes Out With Megan Fox… It seems James Franco and Riff Raff may have buried the hatchet. Years after the two eccentric artists feuded over the Franco's portrayal of a strikingly Riff-Raff-like character in 2012's Spring Breakers, it seems Franco might be playing the real deal. WATCH: James Franco Celebrates His 38th Birthday at Disneyland Dressed as David BowieThe 38-year-old actor took to Instagram on Tuesday to debut a peculiar new hairstyle, and implied he might be starring in the rapper's upcoming music video. "MADE in AMERICA RIFF RAFF (@jodyhighroller) video dropping soon!!!" he wrote on Instagram, along with a mirror selfie sporting his rainbow hair and Riff Raff t-shirt.Riff Raff himself seemed to confirm the news on his own social media accounts."THE WORLD iSNT READY," he tweeted in response to Franco's photo.THE WORLD iSNT READY https://t.co/FSY8dBxVDY— RiFF RAFF 🐼🐾 JODY HUSKY (@JODYHiGHROLLER) August 9, 2016The "Versace Python" rapper chimed in on Instagram shortly after. "JUST GOT MY VERSACE COTTON CANDY HAiR PERM PRESSED FOR MY 'ONLY iN AMERiCA' ViDEO," he wrote. RELATED: James Franco Opens Up About His Sexuality: 'I'm a Little Gay' Franco clearly has no problem adapting to different characters -- in his latest film, King Cobra, the former Oscar host plays a gay porn producer."It has a very unique and dark narrative to it that was very intriguing," Franco told ET in April. "So, I thought it was doing a lot of disrupting."See more in the video below.James Franco and Keegan Allen Pump Iron in 'King Cobra' (NSFW Language) This video is unavailable because we were unable to load a message from our sponsors. If you are using ad-blocking software, please disable it and reload the page. Related GalleryTwo Looks, One Star: Major Celeb Hair Transformations of the Past!