Cut one or two long strips of bubble wrap—long enough to hang down as tentacles and wide enough to attach inside the bottom edge of the cupcake wrapper
Paint the bubble wrap using a variety of fun, ocean-inspired colors. Set it aside to dry completely.
Once dry, cut the bubble wrap into long strips to create tentacles—leave the top edge uncut so it stays in one piece for easy gluing to the cupcake wrapper.
Push one tip of a paper clip through the center of the cupcake wrapper
So the paper doesn't tear, add a dab of glue to the paper clip on the top and bottom of the cupcake wrapper
Tie some string or yarn to the paper clip for hanging up
Glue the uncut portion of the bubble wrap
Glue the bubble wrap to the inside/center portion of the cupcake wrapper
Let the glue completely dry