Anecdotal, but as a casual snapchat user I've noticed a significant 50%+ drop in activity by my friends + peers since Instagram launched stories. I use to sign

Anecdotal, but as a casual snapchat user I've noticed a significant 50%+ drop in activity by my friends + peers since Instagram launched stories. I use to sign in and have 20+ stories to watch, this morning it is 4. I feel like Snapchat sees the writing on the wall, and this is their chance for everyone to cash out.