Almost-Famous Popcorn Shrimp

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1 teaspoon granulated sugar

Kosher salt

1 pound small shrimp, peeled and deveined

2 teaspoons Cajun seasoning

3/4 cup all-purpose flour

2 tablespoons cornstarch

1 teaspoon confectioners' sugar

1/2 cup plus 2 tablespoons lager beer

8 jarred pepperoncini, drained and halved lengthwise

2 jarred roasted red peppers, drained and cut into bite-size pieces

Vegetable oil, for deep-frying

Lemon wedges, cocktail sauce and/or tartar sauce, for serving