In a microwave safe bowl, add the coconut oil and chocolate chips. Place in the microwave for 20 seconds, stir, and repeat until chocolate is melted.
Scoop out one tablespoon of mixture and place in silicone or paper muffin cups. Place in freezer for 5-10 minutes to harden.
While chocolate is setting, make cashew cherry mixture. Add cherries and cashew coconut butter to a high powered blender or food processor and process until smooth.
Add one tablespoon on top of harden chocolate. Sprinkle with shredded coconut if using.
Place in freezer to harden, about 1-2 hours. Store in freezer and remove a few minutes before serving.