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Place chocolate chips into a microwave safe bowl. Microwave on 50% power for 60 seconds. Stir.
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Repeat, returning to microwave and heating until completely melted. Spoon on top of pretzels and spread.
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Sprinkle with M&M candies and sprinkles.
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Let stand to harden.
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When hard, break apart pretzels and serve.
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Store at room temperature in a sealed container.