Is this game now dead or what? He said in May the next update is almost ready.
I give it maybe a 50/50 chance there will be another update. As long as there are enough suckers who keep sending him money every month to do nothing, Rainces has shown they have no interest in producing actual updates. The past has shown that it takes a drop in their income or a real threat to it for them to take action. In the last couple of years, we haven't seen an update come out just because it was time for one or because that time was when it just happened to be finished. It's been because their patreon numbers had dropped, or patreon themself made him redo the game, or there were multiple remakes of the game about to come out from multiple devs. Unless something like this happens, I don't see Rainces putting out another update out of a sense of duty to his paid supporters or anything like that. Even if a threat did arise, at some point they're likely just to shrug and go on with their life and still accept the diminishing patreon money as long as it comes in.
He's said multiple times that the update is close to ready, but that's been part of their modus operandi for years. People keep falling for it, getting excited, and subbing on Patreon. In turn, Rainces has more money after that, so has no incentive to work on the update.