Is Product Hunt still worth launching on?

I have seen a lot of people step back from platforms like LinkedIn after watching established accounts get randomly restricted without clear explanations. It makes you realize how risky is it to rely heavily on a platform that can pull the rug on your reach out of nowhere.

That situation made me rethink product Hunt. it used to be the go-to place for real feedback from early adopters. lately, though, it feels dominated by upvote groups, artificial praise, and makers trading favors. It's hard to tell if a top spot actually brings real users anymore or just temporary noise.

For anyone launching recently, where do you stand? Is Product Hunt still delivering real traction, or has it become too noisy to be worth the effort?