True or False: Instagram was reported as the leading platform for marketers and consumers according to Sprout Social in 2020.

The statement is true. In 2020, Instagram was indeed recognized as a leading platform for marketers and consumers, particularly highlighted in reports and studies by various social media analytics firms, including Sprout Social. The platform's visual nature, high engagement rates, and features tailored for business use — such as Instagram Stories, IGTV, and shopping capabilities — made it highly attractive for marketers aiming to reach and engage their audiences authentically. This popularity among marketers translates to a strong usage by consumers who are more likely to interact with brands in a visually driven environment. While there are other platforms that also rank highly among marketers, Instagram's unique features and engagement metrics contributed to its top position during that time.