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Instagram Stories started out as basically a clone of Snapchat Stories. Yet, despite the fact that it was late, Instagram's Stories now have more daily users than its competition.
According to a TechCrunch report; As a result of the new feature, Snapchat posting volume declined and Story views fell by fifteen to forty percent. Six months following its release Instagram Stories hit 150 million daily users, just under Snapchat's entire daily user base.