Answer:
It's voice is like a burp, Will swallow with a slurp, You'll never hear it chirp. Kiss it with a wince, Might turn into a prince
John Lennon sang about being this toothy creature.
I'm a red creature from the sea with large claws, or pincers, and I'm often boiled and served as an expensive dish at seafood restaurants.
What kind of dog chases anything red?
According to the ads, this is the favorite beverage of friendly polar bears.
I can be found in water but never wet