Because it can signal annoyance? It's almost like having more possible meanings adds depth to conversation. The end of a text is already final enough, so a period doesn't add any functionality that way unless you somehow believe someone got raptured mid sentence and still hit send.
It's like if you asked someone, "How are you?" And they said "I'm fine" or "I'm fine." or "I'm fine!" or "I'm fine?" or "I'm fine..."
It signals different connotations and tones for all five. Period is no longer default since they aren't required, so they have taken on additional meaning