Many people have already commented (and I am in a rush for tests!), so I will only add that as a coincidence, I also went for a jumping little animal in a circular spatial loop instead of using a time loop, as I suspected many would thought of the latter — too obvious! ;)
Simple and effective, and that magic hat is too funny. :)
Just one small remark: it looks like the music does not loop. (Yes, I failed enough times to reach that point. XD Even though I beat it in the end!)