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1. Usually used in a hashtag on the hipster app Instagram for tools that think they are cool and/or it's just a cool picture.

2. Someone who possesses swag in a picture on Instagram.
Person 1: Did you see Brads (@bynum82) picture on Instagram!?

Person 2: Naghh I don't follow that tool. He thinks he has Instaswag in every photo...

Person 1: Well, he was wearin them Nike Airmaxes and Rock Revivals...

Person 2: Oh, well... Then he does possess Instaswag then... *Follows
Instaswag by bynum82 August 29, 2012
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InstaFAG 

Instagram + Faggot.
Used to call Instagram users.
Dude, you're an InstaFAG!
InstaFAG by cegeb April 12, 2013

Instascam 

Used to describe a party or gathering that looks awesome on Instagram but actually wasn't fun
Person A: "Did you see Jeff's rager on instagram? All those girls have to be hashtag naked by now"

Person B: "Dude it was an instascam. Everybody left at 9 and Jeff's jacking off to animal planet... Did you just say hashtag?
Instascam by urbandicktionary February 23, 2013

Instastalking

When you browse through someone's Instagram page for a period of time without liking or commenting on any of their photos or videos
Person A: Dude, have you seen Person C?! She is so hot!

Person B: Yeah, I know right, I spent like all of last night instastalking her.

instaswap 

Something alot of FaZe members do. Basically click Y pull out shock charge then hit Y again. (They are very easy)
YO DUDE I JUST HIT A 720 INSTASWAP ACROSS MAP!
instaswap by Mitey June 5, 2016

Instasham 

The social media platform that provides absolutely no true information about an individual, just the fabricated existence that the vacuous Vunts want to project to the rest of the inane sycophants that populate the site. #GiveMeAttention,
#MyBestVuntishLife, #Narcissist
Katie spent the last hour and a half trying to get the angle just right to hide her double chin and to catch the light just right making her cheeks glow and her puckered lips look like a lubed anus...... Ste just slapped his cock a few times and sent a dick pic back. The quintessential exchange on Instasham.
Instasham by Samuel Peeps February 19, 2019
It’s what you’d call dishrags and trashy people that your significant other slithers up to on dating sites and/or Instagram, usually behind your back when he needs a self-esteem boost. Dim witted, one-note and superficial. Like dishrags you can find on Instagram. 🤷🏻 ♀️
Are you keeping up on all of the latest with Afghanistan? I bet those instarags don’t even know what’s going on.