What does the blinking red dot on your Roblox app icon mean?

Roblox users have spotted a blinking red dot on the Roblox icon and have no clue what it means.

What is wrong with my Roblox? There are red pixels on my screen. I've provided a link to a screenshot of it below. - Quora

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0bid0 on X: Anyone know what that blinking red dot means? 🔴 #Roblox #RobloxDev / X