No. It would not just have been about whether Holmes could take that level of punishment (which is doubtful). Holmes would also have needed to maintain his form under that assault, which is highly doubtful. And, this is where Ali's greatness is really demonstrated and sets him apart (along with Louis) from the rest.
No he couldn't . Here's why. 1st and most importantly is, he didn't have the gift of gab or personality of Ali. Holmes couldn't create the blind rage Ali was able to do to opponents. That rage worked to perfection for Ali in Kinshasha. It made Foreman fight possibly the dumbest fight in the history of heavyweight championship fights. Holmes wouldn't be able to get under Foreman's skin the way Ali did. I would expect and much more calculated, and measured performance from Foreman against Holmes, he would set up his attack much better, If Holmes tried the rope a dope , It would end up a disaster for him. It would nullify his best weapon, his jab. Ali was very capable of getting his combination punches off in close quarters. Holmes was more of a long range type, needing more room to get his offense off. Though as was noted earlier he did use the rope a dope successfully against Mercer. But Mercer didn't have the fire power of prime Foreman.