PREPARE THE CAKE: Preheat your oven to 350° Fahrenheit. Lightly grease 9x13-inch cake pan. In a large bowl, combine the cake mix, vegetable oil, water, eggs, vanilla extract, and almond extract. Mix until smooth and well combined.
BAKE THE CAKE: Pour the batter into the prepared cake pan. Bake in the preheated oven for 35-40 minutes or until a toothpick inserted into the center of the cake comes out clean. Allow the cake to cool completely.
CRUMBLE THE CAKE: Once the cake has cooled, break it into fine crumbs using your fingers in a large bowl.
MIX IN FROSTING: Stir in the vanilla frosting, mixing just until the crumbs are moistened.
FORM CAKE BALLS: Roll the mixture into small balls, about 1 inch in diameter. Arrange the cake balls on a baking sheet lined with parchment paper. Chill in the refrigerator for at least 2 hours or in the freezer for about 20 minutes, until they're firm.
PREPARE COATING: In a microwave-safe bowl, combine the pink candy melts and 1 tablespoon of coconut oil (if using). Microwave in 15-second intervals, stirring after each, until the candy is fully melted. If the mixture is too thick, add more coconut oil and a tablespoon until the desired consistency is reached.
DIP CAKE POPS: Take the cake balls out of the fridge or freezer. Insert a lollipop stick into each cake ball, then dip each into the candy melt mixture, ensuring they are fully covered.
DECORATE: Before the coating sets, quickly sprinkle white sprinkles onto each cake pop.
REST: Stand the cake pops upright in a cake pop holder or a piece of Styrofoam to allow the coating to set. It should take about 5 minutes for the coating to harden.