React Native Error: EMFILE: too many open files, watch

Getting the following error and not 100% sure why. Currently getting this issue when I run my app in ios simulator

I've tried to do npm install watchman, But I just saw the latest update on the npm packages and it seems like it's been depreciated.

events.js:292      throw er; // Unhandled 'error' event      ^Error: EMFILE: too many open files, watch    at FSEvent.FSWatcher._handle.onchange (internal/fs/watchers.js:127:28)Emitted 'error' event on NodeWatcher instance at:    at NodeWatcher.checkedEmitError     at FSWatcher.emit (events.js:315:20)    at FSEvent.FSWatcher._handle.onchange (internal/fs/watchers.js:133:12) {  errno: -24,  syscall: 'watch',  code: 'EMFILE',  filename: null}