If so, what are the potential consequences they pose to other animals or plants?
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Sure. For example, sockeye salmon (red salmon) have been doing very well, in contrast to some other salmon species.
https://www.wired.com/story/as-waters-warm-alaska-experiences-salmon-booms-and-busts/
Basically anything with a fast reproduction cycle should be able to handle it. Obviously microbes and most insects will find a new home as long as we don’t collide the moon on earth and turn the entire planet into a ball of lava.