I am hearing some rumors being reported today after seeing a spike in chatter within the gaming community on today. I have not seen the third-party game tracking tools show this much rumor in a long time. I will say the tracking tools are way more heated than the chatter I am seeing, so something might be off here. Again, I saw some initial chatter from within the gaming forums and on this site starting on today.  Now, I decided to cover it on everyday even if the chatter was not at the levels that would warrant me posting something.
To be clear, Wendgames' radar has not confirmed any release is officially going on.
Mod, cheat or hack tracking tools:
Let's start with what the tools are showing:
bila sensor:

Souma sensor:

So most of these tools are incredibly heated, signaling that they are showing available mod, hack or cheat for the game.
Wendgames chatter:
Here is some of the chatter from various comments on this site and facebook groups since the release:

Holy shit this is the biggest gaming news of the year

I surprisingly knew about this game's existence before this!

From someone who actually played it, it's fine, just a pretty average  game. Unless you're chomping at the bit for new experiences, if it looks interesting to you just play the first one.

Let's make a little summary for the game:
GAME INFO
Name of Game: Kids Drawing & Coloring Games
Version: 1.1

Name of the cheat, mod, hint, tip or hack:
-Unlimited Money
-Mod Menu
-Money increases instead of decreasing
-Massive attack
-God mode
-Free Purchases
-Free Shopping
-Enemy does not attack
-Weak enemies
-Unlimited coins/hearts/gold/gems
-Dumb Enemies
-Free Store
-Stats Boosted
-Mega Mod
-High damage/No Shake No Recoil
-mod rewards
-Damage & defense multiplier
-Game speed multiplier
-Unlimited Ammo/no reload/No Recoil
-radar hack/Infinite money
-Unlocked/all levels unlocked

Game description:
Drawing is kids’ favorite thing to do. They love playing with colors and drawing various textures with pencils and crayons. Children of nearly all age groups adore it as one of their favorite hobbies.

That is why kids coloring and drawing games is here for your kids. With coloring and drawing games, kids can draw colorful painting with vibrant colors, delightful brushes, and coloring pages. It allows kids to express themselves and sparks their imagination.

✨How drawing and coloring games benefit your kids👶

1. Help kids improve hand-eye coordination and strengthen fine motor skills by Coloring and drawing games

2. Coloring and drawing games encourage kids to explore their creativity and express themselves freely.

3. Learning colors, following patterns, and filling in shapes all stimulate kids cognitive development.

4. With a diverse color palette and themed coloring pages, kids can learn colors in a fun and interactive way.

5. Draw and color in coloring book spark kids drawing imaginations.

6. Kids can express their emotions, ideas, and experiences uniquely with coloring and drawing games.

✨What your kids will enjoy with coloring and drawing games👶

🎨Fill colors into multiple beautiful pictures.

🎨Draw painting on a blank canvas and color them.

🎨Paint in amazing color pages and play with colors.

🎨Enjoy drawing games with drawing tools like pencils, paintbrushes, crayons, and even magic glitter!

🎨Draw with different brush sizes, colors, and textures.

🎨Add fun stickers to personalize drawings in coloring games.

🎨Zoom function to focus on specific details for precise drawing\coloring.

🎨Use an eraser to fix tiny details for a fresh start on coloring games.

🎨Use the undo and redo buttons to easily fix mistakes.

🎨Save your masterpieces in your very own art gallery.

Whether your kids coloring a playful puppy, drawing their fantasy kingdom, or learning colors and shapes, coloring and drawing games for kids promise endless fun and endless possibilities.

Coloring and learn drawing with fun is what your kids will love in coloring games. So why wait? Dive into the colorful world of coloring and drawing games today and unleash your child’s creativity!

Kids Drawing & Coloring Games MOD APK Version 1.1

Manual Steps:
1. Install Modded APK
2. Play

Download Now
In any case, the best mod, cheat or hack for now comes down to these tips:

1. The first cheat or exploit is to not skip the tutorial, even if you're an advanced player and this is your second, third, or fourth alt account. The beginner's tutorial gives you lots of free stuff and rewards, which are some of the most valuable items in the game.
2. Keep watching the ads and collecting more and more daily currency rewards.
3. Play daily events for more chances to get better currency.
4. Practicing to get better time in PVE or offline mode.
5. Don't skip any unleashed events.
6. Use ad packs from the store to get currency. And free packs can be obtained every certain number of hours.
7. Watch YouTube or Twitch videos: gamer's gameplay style and tutorials.
8. Play against many different opponents with many different gameplay styles.
9. Join the game community on Discord, Reddit, Facebook, or other social media platforms where you can share your gaming experience.
10. Are you a competitive online mobile gamer? The secret to becoming a top mobile gamer is to first have at least a medium-range phone or a top-of-the-line phone. Without a good device, you will never be a good gamer. Next, you need a superfast internet connection. If you want to do exploits against other gamers online in real time, you need incredible internet connectivity, or else lag will become your best friend when your ping goes up to over 300 ms. And finally, you need to be me, Wendgames, the greatest mobile gamer the world has ever seen. If anyone else tells you anything else, they're lying. Skills only come through persistence with great devices and fast connectivity to react appropriately against enemy players.