Place the entire bag of circus animal cookies into a food processor, or you can use a stand mixer with the paddle attachment, and mix them until they're in small crumbs.
Use a medium cookie scoop, or 1.5 tablespoons of dough, to scoop the dough out and roll it into a ball. Place the balls onto the prepared baking sheet.
Add the candy melts or melting wafers into a microwave-safe glass bowl and 1 tablespoon of coconut oil per color. Cook in 30-second increments, stirring well after each one, until it's completely melted and smooth.
Dip each cake pop into the melted chocolate, dipping half of the cake pops into the pink and the other half into the white chocolate, allow the excess chocolate to drain off.
Immediately add some sprinkles and then place the cake pop on it's side on the baking sheet or in a cake pop stand. Repeat the process with the other cake pops.