Place chocolate chips and coconut oil in microwave safe bowl. Melt in 30 second increments, stirring between rounds.
Place giant marshmallows on popsicle sticks.
Dip marshmallows into chocolate. Use a spoon to pour chocolate over the marshmallow if the chocolate is not deep enough.
Balance dipped marshmallows and give time for chocolate to partially solidify. This will help the toppings stay on. Refrigerate for 2-5 minutes to speed this up.
Roll dipped marshmallows in selected toppings. Lay the marshmallow flat.
Clear a space for the candy eye or eyes, then place eye. The marshmallow will need to remain flat so that the eye does not fall off as the chocolate solidifies.
Cool finished marshmallows for at least 20 minutes or until the chocolate has completely solidified.
Remove popsicle sticks if you want to stand the chocolate covered marshmallow monsters up, or keep on sticks if you want to serve them lollipop style. Kids won't care.