A noteworthy flag, for the original version was quickly (in less than a year) discarded for a newer version. The first version was simply the Chartaginian purple - blue - white horizontal stripes, and replaced the elephant with the well known Ptolemaic rebel circle. This circle was also purple, blue, and white, but shifted upwards. Thus, the part of the circle that was on the blue stripe became purple, et cetera. It is theorized that the colors were shifted upwards to show that the sun was rising, and that they would become more powerful, mightier, wealthier, and things like that, but there's absolutely no evidence for this and many believe it was done for no reason at all.