Drippy White (or colored) Ganache
This is the recipe I use to get the drippy effect on top of my cakes!
Make sure to watch the tutorial, HERE, that shows how to properly add the drips to your cake, as it can be tricky without knowing the important tips!
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Put the candy melts in a shallow microwave safe bowl.
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Add drops of the gel food color to the heavy cream if you're going to color the ganache.
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Pour the cream over top of the melts and put the bowl into the microwave for 30 second intervals, stirring in between until the mixture is smooth. Use a whisk while the mixture is still warm to get rid of any pesky clumps.
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Let the mixture cool a bit so it's not too warm (but not yet solidifying either) before adding to the cake...and made sure the cake is cold! This will help slow the drips and keep them from pooling at the bottom.
Keep your cake in the fridge until you are ready to add the drips. Add the ganache around the top edges of the CHILLED cake a little at a time and gently push the drips over the edge. Once you've finished the drips fill in the middle.