Color Palette:

1. Color Name: Electric Blue
   Hex Code: 
                            
                            #7DF9FF
                        
   Palette Description: This vibrant and eye-catching shade of blue resembles the glow of neon lights, adding a futuristic and energetic touch to any design or artwork.

2. Color Name: Coral Pink
   Hex Code: 
                            
                            #FF7F7F
                        
   Palette Description: This warm and cheerful shade of pink is reminiscent of tropical coral reefs. It exudes a sense of playfulness and femininity, making it a perfect choice for designs that aim to evoke joy and positivity.

3. Color Name: Goldenrod
   Hex Code: 
                            
                            #DAA520
                        
   Palette Description: This rich and warm yellowish-brown color resembles the hue of ripe goldenrod flowers. It conveys a sense of warmth, elegance, and timeless beauty, making it a versatile choice for both classic and contemporary designs.

4. Color Name: Lavender
   Hex Code: 
                            
                            #E6E6FA
                        
   Palette Description: This delicate and soothing shade of pale purple is reminiscent of blooming lavender fields. It evokes a sense of tranquility and calmness, making it an excellent choice for designs that aim to create a peaceful and serene atmosphere.

5. Color Name: Mint Green
   Hex Code: 
                            
                            #98FF98
                        
   Palette Description: This fresh and invigorating shade of green resembles the color of mint leaves. It exudes a sense of vitality and rejuvenation, making it an ideal choice for designs that aim to convey a refreshing and natural vibe.