In a large bowl, combine the red velvet cake mix and cream cheese frosting until fully blended.

Chill the mixture in the refrigerator for 30 minutes to firm it up.

Scoop out portions and roll into golf ball-sized balls.

Melt chocolate chips and coconut oil together in a microwave-safe bowl until smooth.

Dip each ball into the melted chocolate, allowing excess to drip off, then place on parchment paper to set.