In a small bowl, mix the honey and red pepper flakes together. Set aside to let the flavors infuse while cooking.

Melt the butter in a non-stick skillet over medium heat. Sprinkle the shredded cheese evenly across the skillet floor into small rounds or one uniform bed.

Crack the eggs directly on top of the bubbling cheese layer. Reduce heat to medium-low, cover with a lid, and cook until the whites are set and the cheese forms a crispy brown crust underneath.

Transfer the cheesy fried eggs onto toasted crusty bread slices. Drizzle generously with the prepared hot honey, season with salt and black pepper, and serve immediately.