Because people seem to lap that garbage up enough for it to be profitable to make barely functionable shit, as cheaply as possible.
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I think it's cultural differences. In the west, we abhor pay to win and predatory aspects. But in Korea, China and other countries in that region, players demand it.
So then it comes down to which market region you're targeting. If you're not a NA/EU mobile developer, how do you choose? 🤷♂️ Can't keep everyone happy.
Yep, getting people to pay $40-60 bucks for a mobile game is basically impossible, and as a result the business model is either F2P or $3-5 bucks with egregious monetization to earn back the costs.