Corrine demonstrates that this can be used as a fascinator. Thus I count stitches:

CO ~75.
Make 6 stripes of height 6 rows each.
(3 rounds black, 6 rounds purple, 6 rounds black, 3 rounds purple, kitchener.)
CO ~40 more.
Make 6 stripes of height 6 rows each.
(3 rounds purple, 6 rounds black, 6 rounds purple, 3ish rounds black, BO; decreasing starts with the addition of black).

Probably this would fit better with a larger cast-on.

This yarn is pilly… ah, well.