Teens Say Instagram Is Cooler Than Facebook or Snapchat

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According to a new survey by investment bank Piper Jaffray, teenagers love Instagram way more than Facebook and Snapchat right now. 32% of the 6,200 teens surveyed consider Instagram the most important social network; in comparison, 14% thought Facebook was most important and 13% thought Snapchat was most important.

The results are a huge switch from just two years ago, when the survey revealed that 33% of teens thought Facebook was most important, Instagram was at just 17%, and Snapchat wasn't on anyone's radar yet.