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An epic arcane pegasus stands majestically in an ethereal, mystical landscape, its body shimmering with swirling, magical energy that pulses and shifts in hues of vibrant pink and deep purple. Its mane and tail are flowing streams of pure arcane power, glowing with a soft radiance interspersed with bursts of sparkling starlight. The wings are vast and translucent, outlined with glittering runes that flicker and shift, leaving trails of glowing, mystical symbols and cascading particles of enchanted light as they stretch wide. Its eyes shine with a piercing brilliance, like twin stars imbued with cosmic wisdom, and its hooves leave trails of luminous runes on the ground beneath, which fade into a soft, iridescent glow. The surrounding environment is bathed in the pegasuss magical aura, with floating, glowing crystals and swirling, violet-hued mists adding to the otherworldly beauty. This mythical creature exudes elegance, power, and a transcendent energy, as though it were born from the very essence of the arcane cosmos