Instagrame latest feature called "instagram stories" is same as snapchat .
Say Hello to Instagram Stories
Over the next few weeks we're introducing Instagram Stories, a new feature that lets you share all the moments of your day, not just the ones you want to keep on your profile. These photos and videos will appear together in a slideshow format: your story.
Share as Much as You Want
With Instagram Stories, you don't have to worry about over-posting. Instead, you can share as much as you want and bring your story to life with text and drawing tools. These photos and videos disappear after 24 hours and won't appear on your profile grid or in feed.
Instagram Stories will be rolling out globally over the next few weeks on iOS and Android. To learn more, check out help.instagram.com.
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Instagram
