For me, none of the solutions above worked, including the linked answer in @dmytro response. However, I got it solved in the following way:

1. Uninstall react-native-reanimated. You can also remove react-native-reanimated from package.json and run npm update.
2. Then use expo to install react-native-reanimated. Simply run expo install react-native-reanimated.
3. Restart your project.

I got these clues from this github link