Fedora 33 client 3.2.1/AppImage 3.2.2 - icon never shows, settings window not accessible

Nextcloud version (eg, 20.0.5):
Operating system and version (eg, Ubuntu 20.04): Fedora 33
Apache or nginx version (eg, Apache 2.4.25): Apache
PHP version (eg, 7.4): 7.4

The issue you are facing:

Nextcloud client 3.2.1 does not show up in the system tray. Using AppImage 3.2.2 reports inotify watches exhausted at half-million but still refuses to show in system tray. Settings window is only accessible when using AppImage 3.0.1.

Is this the first time you’ve seen this error? (Y/N): Y

Steps to replicate it:

  1. Have a folder that contains more than half-million files and folders
  2. Run Fedora 33
  3. Open Nextcloud client 3.2.1 (Fedora 33) or App Image client 3.2.2

The output of your Nextcloud log in Admin > Logging:

Not sure where to locate this - from the client?

The output of your config.php file in /path/to/nextcloud (make sure you remove any identifiable information!):

Is this required for a client problem?

The output of your Apache/nginx/system log in /var/log/____:

Is this required for a client problem? The 3.0.1 AppImage client shows up in the system tray.