Octopus Mermini

This is a species of tiny mermaid called a "Mermini".

About this Mermini:
"This species is an Octopus Mermini, very elusive and hard to capture inside a pendant. She smiles smugly while producing ink bubbles, perhaps she is planning to cloud the pendant so much you can no longer see her? Octopus merminis are very clever and will escape if a chance is given, watch them carefully or you may find your pendant empty the next morning."

Her purple paint was a bit metalic so you can see in the second picture that she "shines" a little bit.