Place a piece of wax paper on a table.
Place 1/4 c. pink candy melts in a microwave safe dish. Heat in 20 second intervals, stirring after each heating, until the candy is melted.
Dip a food pick into the pink candy and then into the marshmallow. Set on the wax paper to harden. (This should only take a few minutes)
Place the white chocolate melts in a microwave safe dish. Heat in 30 second intervals, stirring after each heating, until the chocolate is completely melted.
Dip a marshmallow into the white chocolate and allow the excess to drip off. Place the marshmallow on the wax paper to harden. Repeat with remaining marshmallows.
Place the remaining pink candy melts in the dish with the candy melts you have already used. Heat in 30 second intervals, stirring after each heating, until the candy is completely melted.
Pour the melted pink candy into a zip top baggie and snip off the edge. Hold a marshmallow by the pick and starting at the top, pipe a thin pink line around the marshmallow in a swirl. Quickly sprinkle with black edible glitter and place back on the wax paper. Repeat with remaining marshmallows.