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I made a money fist keychain yesterday using an 5/8" steel ball, 1" keyring, 4' OD paracord and about 4' of purple. The purple is what I had on hand after making my daughters belt. I put it on my keys today and it works nice as a slap or whatever the name is. 
It measures 7 inches from monkey fist to keyring. Pic time!
It measures 7 inches from monkey fist to keyring. Pic time!
