PCIe NVMe SSDs in 2024

nvme gen 4 in gen 3 slot
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Hi, I have not kept up with the NVMe or SSD tech Does having a Gen4 NVMe SSD in a Gen3 slot will limit the performance of the Gen4 SSD?

NVMe drives are so much faster than SATA drives PCIe — the PCI Express standard current generation — has a maximum speed transfer of 985

nvme slot types PCIe SSDs are twice as fast as PCIe SSDs But next-generation PCIe SSDs will double PCIe Gen 4 speeds

nvme m2 slot motherboard :CPU: AMD Ryzen 5 5600Motherboard: ASUS TUF GAMING B550-PLUSSSD: Kingston FURY Renegade PCIe NVMe SSD (installed on _1 slot,