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: Space Shooter: Alien Shooter
Version: New

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:
SHMUP-Survive the Bullet Hell!

Gather forces to rescue the galaxy from the invasion of space shooter invaders.
Embark on an epic intergalactic journey with “Space Shooter: Alien Shooter” – an exhilarating mobile game. Prepare to immerse yourself in over 100 thrilling levels of intense campaign mode action.
*Features of Space Shooter: Alien Shooter:
1. Campaign Mode: With over 100 levels, dive into a captivating storyline filled with challenging missions set across mesmerizing space environments. Encounter various alien species.
2. Aircraft: Unlock and choose 1 of 8 different aircraft, each with its own set of upgradeable capabilities and evolutionary paths. Enhance your spacecraft’s firepower to effectively combat the alien menace.
4. Drone Support: Unlock and upgrade 7 types of drones to provide invaluable assistance during combat.
5. Wings: Unlock 3 super wings that bestow your aircraft with unique and powerful abilities.
*Gameplay of Space Shooter: Alien Shooter:
Engage in fast-paced shoot ’em up action as you navigate through waves of relentless alien adversaries. Dodge incoming projectiles, unleash devastating firepower, and collect power-ups to augment your abilities. Strategically deploy drones and utilize special skills to overcome challenging boss encounters and emerge victorious.

“Space Shooter: Alien Shooter” delivers an adrenaline-fueled gaming experience packed with action, strategy, and relentless excitement. With its diverse array of spacecraft, upgrade options, and strategic depth, it offers endless hours of captivating gameplay for players seeking the ultimate space combat adventure. Join the fight, pilot your spacecraft, and become the hero the galaxy desperately needs!

Space Shooter: Alien Shooter MOD APK Version New

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.