Color Palette:

1. Color Name: Midnight Blue
   Hex Code: 
                            
                            #191970
                        
   Palette Description: A deep and rich shade of blue, reminiscent of a clear night sky. This color evokes a sense of calmness, stability, and elegance.

2. Color Name: Coral Pink
   Hex Code: 
                            
                            #FF7F50
                        
   Palette Description: A warm and vibrant shade of pink with a hint of orange. This color adds a playful and energetic touch to the palette, representing creativity and enthusiasm.

3. Color Name: Misty Gray
   Hex Code: 
                            
                            #C0C0C0
                        
   Palette Description: A soft and delicate shade of gray, resembling the mist on a foggy morning. This color brings a sense of tranquility and neutrality, providing a balanced backdrop for other colors.

4. Color Name: Sunny Yellow
   Hex Code: 
                            
                            #FFFF00
                        
   Palette Description: A bright and cheerful shade of yellow, reminiscent of the warm rays of the sun. This color symbolizes optimism, happiness, and creativity, making it perfect for highlighting important elements.

5. Color Name: Olive Green
   Hex Code: 
                            
                            #808000
                        
   Palette Description: A muted and earthy shade of green, similar to the color of olive leaves. This color represents growth, harmony, and stability, adding a natural and organic feel to the palette.