Place the chocolate chips in a small mixing bowl. Set aside.
In a small saucepan, combine the coconut cream and granulated sugar. Stir to mix and bring to a boil.
Pour the hot mixture over the chocolate chips and add the vegan butter. Let sit for a minute or so and then stir well until smooth and well combined.
Let cool at room temperature and then refrigerate for at least 30 minutes to thicken.
Making the Sundaes
To make sundae, let hot fudge sauce soften at room temperature. You can also microwave it for 10-30 seconds but don't let it melt or heat up completely.
Spoon two scoops of ice cream into serving glasses or bowl. Top with hot fudge sauce. Add whip cream and garnish with chopped almonds and fresh cherries, or whatever garnish you desire.
Serve immediately.
Notes
You can use peanuts and Maraschino cherries instead of almonds and fresh cherries.You can refrigerate hot fudge sauce for up to a week before using. It can also be frozen.