No...sponge bob is a sponge. The corals don't die because of the heat, they die of starvation because there are no photosynthesizing zooxanthellae to sustain them.
Of course not.
The rate of change right now exceeds the majority of natural ocean chemistry and temperature changes in the past, with few exceptions. Corals will migrate, and they can adapt. But they can adapt over long periods of time, not on decadal time scales. It took 30 million years for atmospheric CO2 to drop from 900 ppmv to present levels, and we will push it back to that level on our present trajectory in just 90 years. These kinds of changes we're imposing will appear in the geologic record as those few exceptions that nature provided, and just as when nature provided the change, there will be massive loss of biodiversity.