Pegboard Dropper Paint Bottle Holder - m5 bolts

I don't like to use 3d printed plastic pegs in a pegboard as they tend to break either while I'm initially pushing them in, or once weight is added to it, or they fall out from vibrations of powertools and other things being operated at my workbench. It seems to be just down to the small diameter holes my pegboard uses. What I have found far more resilient is some little m5 bolts to hold things in place.
Remixed this Pegboard holder to use M5 bolts with my pegboard.
45.50 mm min gap, 54.40mm