Blinking effect on UILabel

Question

I have a UILabel with background color as grey.

I want a blinking effect on this label like it should become a little white & then become gray and it should keep

Answer 1

Tweaking Krishnabhadra Answer to give a better blink effect

Declare a Class variable bool blinkStatus;

And paste code given below

NSTimer *yourtimer = [NSTimer scheduledTimerWithTimeInterval:(NSTimeInterval)(10.0 / 60.0)  target:self selector:@selector(blink) userInfo:nil repeats:TRUE];
    blinkStatus = FALSE;

-(void)blink{
    if(blinkStatus == FALSE){
        yourLabel.hidden=NO;
        blinkStatus = TRUE;
    }else {
        yourLabel.hidden=YES;
        blinkStatus = FALSE;
    }
}