This pattern is a part of a collection “Knit and Gift: quick projects for thoughtful presents”.
The collection is available on Ravelry.

Quick, easy, and irresistibly cute, the Duo Scrunchie is a perfect stash-buster and a standout accessory. This two-color pattern is simple enough for beginners yet charmingly unique, making it an ideal gift for anyone on your list. Knit up a bunch to keep on hand as thoughtful little surprises for unexpected guests, neighbors, or anyone who could use a smile. With its playful twist and practical design, the Duo Scrunchie is sure to bring joy to all who receive it!

One size.
Yarn: Any leftover yarn of 2 colors, DK weight (120 m/50 gr). In the samples are used Drops Kid Silk held double and Drops Alpaca Boucle.
Needles: circular needles 80-100 cm lace for Magic Loop technique or DPN, size 4 mm (US 6)
Other materials: hair tie
Gauge: 21 sts x 26 rows in 10x10 cm (4 x4 in) in Stockinette Stitch