I want to like this because it's cute despite the content, but I just can't. I agree with the comments about it being a bit suggestive, but that's not my primary issue with it.
The primary issue is it's hard to follow/too niche. That makes the t-shirt hard to "read", and that makes for designs that don't print.
More specifically, unless you're already familiar with octo-hotdogs, you're not going to know what this thing is, your best guess will be a pink octopus or squid. In the context of the theme it's a stretch in my opinion. It's not anthropomorphic food so much as food animal-pomorphizing (that's not a word, but you get the idea) as an octopus, which is then anthropomorphized with the facial expression.
I don't mean to rag on you, it's just that I've liked a lot of your designs and your best ones (and the ones that do well) are the ones that read easily.