Red dot next to app title?

Question

On the simulator I have noticed that my app has a red circle next to the app title, similar to the blue circle that appears next to newly downloaded apps, however just red i

Answer 1

If to believe to other answers here, there might be several reasons for this red dot.

In my case, the reason appears in TestFlight's docs:

How will I know which apps on my device are beta apps?
Beta apps will be indicated with an orange dot next to the app name on your device.

Got a lead for finding this thanks to Ashish's comment to one of the answers here.