Color Palette:

1. Color Name: Electric Blue
   Hex Code: 
                            
                            #00FFFF
                        
   Palette Description: A vibrant and intense shade of blue reminiscent of neon lights. This color exudes energy and excitement, making it perfect for creating a bold and eye-catching design.

2. Color Name: Coral Pink
   Hex Code: 
                            
                            #FF7F50
                        
   Palette Description: A warm and playful shade of pink with hints of orange. This color brings a cheerful and lively vibe to any design, adding a touch of femininity and elegance.

3. Color Name: Sunny Yellow
   Hex Code: 
                            
                            #FFF700
                        
   Palette Description: A bright and radiant shade of yellow resembling the color of the sun. This color evokes feelings of joy, warmth, and positivity, making it ideal for creating a vibrant and uplifting design.

4. Color Name: Forest Green
   Hex Code: 
                            
                            #228B22
                        
   Palette Description: A deep and rich shade of green reminiscent of lush forests. This color represents growth, harmony, and nature, adding a sense of calmness and tranquility to any design.

5. Color Name: Royal Purple
   Hex Code: 
                            
                            #800080
                        
   Palette Description: A regal and majestic shade of purple with a touch of blue. This color symbolizes luxury, creativity, and power, adding a sense of elegance and sophistication to your design.

Overall Palette Description: This color palette combines vibrant and bold colors with warm and soothing hues. It creates a harmonious blend of energetic and calming tones, offering a versatile range of options to create visually appealing designs.