Rainbow Rod

The Rainbow Rod fires a controllable orb similar to that of the Flamelash and Magic Missile, however, unlike the aforementioned weapons, the orbs change color whilst being controlled (only visible at night or underground).

The Rainbow Rod is the most powerful of all of missile spells (Flamelash and Magic Missile). Along with the base damage, it gives 13 extra damage to Hallowed mobs.

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Trivia

 * The Rainbow Rod is a possible reference to the Rainbow Road from Mario Kart series, due to the similarity of the names and the colorful sprite.
 * The Rainbow Rod can be boosted, with right armor, potions, accessories and reforges, to do 100 damage.

Update Info
1.1 - Item added to the game.