I'd say it is. It offers a unique take on the superhero theme and has some unexpected twists. However, if you're not into that kind of story, you might not find it as appealing.
This fanfic could potentially focus on how the idea of 'the color you bleed' relates to the magical and colorful world of MLP. It might be a creative exploration of a character's essence, where the color they bleed represents something deeper, like their true self or their most powerful aspect. For example, if a character bleeds a certain color, it could symbolize their loyalty or kindness, which are important traits in the MLP world.