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: Mermaid Simulator Mermaid Game
Version: 12.4

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:
Mermaid Games Mermaid Simulator

In this mermaid simulator mermaid games Take on the role of a mesmerizing mermaid and explore the vast depths of the ocean. In this enchanting Mermaid Simulator, you as a Mermiad will uncover hidden treasures, ancient artifacts, and long-lost shipwrecks. But beware, for the ocean holds secrets and challenges of mermaids aplenty. Navigate through thrilling quests and intriguing puzzles that will test your wit and bravery while playing this mermiad simulator game.

• Explore the beautiful underwater world
• Unlock and enjoy 3 beautiful mermaids
• Style up your mermaid with trendy hats, cool hair colors and funky glasses
• Decorate your home
• Search for surprise gifts

Cute Princess Deep Sea Mermaid Adventure

As you venture deeper into the ocean, you “The Mermiad” will forge bonds with friendly sea creatures, including playful dolphins, graceful sea turtles, and colorful schools of fish. Help them with their quests and witness heartwarming interactions that celebrate the harmony between mermaids and marine life.

• Unleash Deep-Sea Magic
• Mermaid Fish Bonds
• Unveil the Secrets of the Deep Ocean
• play and enjoy the free mermaid arena
• Sea simulator Mania Mermaid Games

Underwater Mermaid Game Ocean Princess

Customize your mermaid’s appearance with a wide selection of shimmering tails, iridescent scales, and enchanting accessories in this mermaid game. Collect rare items and unlock new abilities to make your mermaid truly one-of-a-kind. Mermaid Simulator 3D – Sea Animal killer will be a smart sharp and tricky shooter that is killer and Attack the mermaid Games of 2023.

• Wild Simulator Missions to perform underwater.
• Amazing Deep Ocean Environment to enjoy sea creatures.
• Quality work and great experience of mermaid and turtle controls.
• Best sound effects for entertainment purpose.

Hidden Objects Deep Sea Mermaid Simulator

Are you ready to dive into a world of mystery, magic, and marine enchantment in variety of mermiad games and mermaid simulator? Take the plunge into “Mermaid games Underwater Tales” and discover the ocean’s hidden treasures and unforgettable stories that await you in this mesmerizing mermaid simulator journey.

Features
• Dive into the Deep Ocean: Experience the thrill of exploring a vast and immersive underwater world as a majestic mermaid Princess.
• Customization Options: Personalize your mermaid’s appearance with a wide range of dazzling tails, scales, and accessories to create a unique and stunning character.
• Vibrant Underwater Environments: Immerse yourself in beautifully rendered underwater landscapes, complete with colorful coral reefs and awe-inspiring marine life.
• Kid-Friendly Gameplay: Enjoy a family-friendly mermaid gaming experience suitable for players of all ages, providing a safe and wholesome environment for exploration and creativity.
• Mini-Mermaid Games and Mermaid Puzzles: Test your skills with a variety of entertaining mini-Mermiad games and mermaid puzzles, adding an extra layer of fun to your mermaid adventures and mermaid games.
• Unlockable Abilities: Gather rare items and earn rewards to unlock new abilities and powers, making your mermaid even more extraordinary.

Mermaid Simulator: Mermaid Games, where the ocean’s wonders and mysteries await you. Have lots of fun with cute little mermaids.

Mermaid Simulator Mermaid Game MOD APK Version 12.4

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.