I normally wouldn’t say anything but since it’s the topic of conversation, I hate that. I see lowercase and deliberate no punctuation as passive aggression.
I think it's not unreasonable to expect there to be written dialects as well as spoken ones. A comparatively huge amount of a person's communication is written these days, where previously it would have been face-to-face or with a phone call.
The general spoken register where I live skews informal, so I assume this has carried over to written communication. Using capitals and punctuation comes across to me as stilted and like an email or a letter rather than a text message.
Depends on your circle of friends I guess.