By Desiree Salas ( | First Posted: Jan 30, 2014 01:35 AM EST

Disney's 3D computer-animated flick 'Frozen' has received two nominations for the upcoming Academy Awards - one for Best Animated Feature and another for Best Original Song.

The song in question is the hugely popular "Let It Go," which has been performed by Idina Menzel, who played Snow Queen Elsa in the movie, and Demi Lovato, who did the single version of the song.

As the song has been nominated for an Oscar, it's expected to be performed during the awards show. However, the question on many fans' minds right now is this: who will sing that song at the Academy Awards?

Since the Oscar nominees have been announced, speculations on who will be chosen to perform the song at the prestigious event have emerged and continue to rage on. According to Yahoo! Music, Demi and Idina's fans have sinced started staging a "face-off" on Twittersphere. The hashtag #TeamIdina has been created for this very purpose.

While no announcement has yet been made to put this dispute to rest, the Tony-winning actress has made her intentions known regarding the matter early on.

When asked by Entertainment Weekly whether she will perform at the Oscars, the 42-year-old thespian answered, "I will if they ask me!"

She definitely sounds enthusiastic!

"I've already got permission if they ask-cross your fingers!-that I can get out there and do my thing and just try to really have fun with the idea," she added.

So, what are the chances that she will get invited to sing 'Let It Go' at the Oscars? observed that the organizers, in the past, have let pop stars who are not associated to the nominated songs perform them during the actual ceremony. In some instances, both the film version's vocalist and the single version's performer have been asked to do the honors, like that 'Beauty and the Beast' rendition in 1992. However, there also were times when the producers chose the soundtrack's singer over the movie version's vocalist.

Who are you betting on, readers? Comment and let us know!

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