Make the Elote Sauce: In a medium bowl, mix mayonnaise, Mexican crema, lime juice, and hot sauce until smooth. Add chili powder, smoked paprika, garlic powder, and salt. Stir in crumbled cotija cheese, chopped cilantro, and grilled corn kernels. Set aside.
Wrap Hot Dogs in Bacon: Tightly wrap each hot dog with a slice of bacon, securing with toothpicks if necessary.
Grill the Hot Dogs: Preheat the grill to medium heat. Grill the bacon-wrapped hot dogs for 7-10 minutes, turning occasionally, until the bacon is crispy and the hot dogs are cooked through.
Toast the Buns: Lightly butter the buns and toast them on the grill or in a skillet until golden brown.
Assemble the Elote Hot Dogs: Place the grilled hot dogs in the toasted buns. Drizzle generously with elote sauce and garnish with extra cotija cheese, cilantro, and a sprinkle of chili powder.
Serve: Serve immediately with lime wedges for an extra burst of flavor. Enjoy!